Faculty




Equity Misvaluation

People working in an office with multiple computer monitors displaying stock market data, charts, and financial information.

How Much of a Role Should Default Options Play in Equity Values?

A large collection of finance literature argues that equity securities are subject to potential misvaluation by investors, where the sources of misvaluation are attributed primarily to behavioral biases, such as overconfidence, conservatism and others. Continue Reading







Disclosing Too Much Info Can Harm a Company’s Competitive Edge

Traders work on the floor of the New York Stock Exchange in the New York financial district on Wall Street.
Traders work on the floor of the New York Stock Exchange in the New York financial district on Wall Street. (Jeff Hutchens/Edit by Getty Images)

Do more strict accounting laws, designed to help shareholders gain better insight into corporations, ultimately harm a firm’s competitive position by forcing disclosure of proprietary information?

The answer appears to be yes, according to UConn accounting Professor Ying Zhou, who has spent years analyzing the consequences of such mandates. Continue Reading