All School of Business pressroom news
Wallethub – Which do you think is a better indicator of a good car insurance company: low rates or good customer reviews?
Shopping for insurance is really a multi-step process. Low rates are an attention-getter. They will stop and attract a shopper but will not automatically convert a shopper into a customer.
The UConn School of Business will host a half-day conference on Special Purpose Acquisition Companies (SPACs), which are seeing a dramatic spike in interest in the financial and investment communities this year.
“This is the topic of the year in the financial markets,” said Professor Yiming Qian, the Toscano Family Chair in Finance at UConn. “SPAC is not new, but was not popular until last year. Before 2020, the annual numbers of SPAC IPOs were in one or two digits. In 2020, however, the number jumped to 248 (compared to 165 traditional IPOs). The number for 2021 already exceeded 500.” Continue Reading
Next Avenue – Career transitions are hard for everyone, but the shift from military to civilian life can be particularly challenging. Soldiers coming back from the Vietnam War were too often treated as damaged goods by employers, according to research by Alair MacLean, sociology professor at Washington State University, it remains to be seen how welcoming employers will be to service members returning from the long wars in Iraq and Afghanistan — especially those in the second half of life.
UConn Today – United States Marine Corps veteran Tony Audette builds custom motorcycles for celebrities, business titans, and other enthusiasts who want a bike that’s unlike any other. His exclusive motorcycles sell for upwards of $130,000.
After two years in business, Audette Motorcycles, in Canton, is thriving. Audette credits much of his business knowledge and expertise to the School of Business’ Entrepreneurship Bootcamp for Veterans (EBV). The startup accelerator steered him away from several costly business mistakes, he said.
UConn Today – If President Joe Biden’s proposed multi-trillion dollar economic and climate package can get Congressional approval, one key factor hangs in the balance: how to pay for it. One option is a “wealth tax’’ that would be levied on the assets of billionaires.
UConn accounting professor Steve Utke studies the implications of tax changes. He recently spoke with UConn Today about his work.