The Register Citizen– Connecticut’ fuel cell industry has the potential to grow despite some recent setbacks the sector has received, according to the chairman of a group that supports the hydrogen and fuel cell industry through education and outreach.
Conair Faces Close Attention After Cuisinart Recall
Stamford Advocate– As Stamford-based Conair replaces 8 million blades used in its Cuisinart food processors, which have been linked to mouth injuries from fragments of cracked blades, customers and regulators are closely watching its handling of the recall. The prevalence and speed of social media only heightens attention.
“They have to get on top of this, be transparent and open and stay ahead of the social media curve,” said Kevin McEvoy, an assistant professor in the University of Connecticut’s business school. “The brand equity is going to be damaged for Cuisinart — but how much damage and for how long depends on how they respond.”
Retirement Beckons
Professor Nelson and His Never-Give-Up Outlook Will Be Missed
Don’t misunderstand Cliff Nelson.
It isn’t that he dislikes the students for whom accounting comes easily. They’re great. It’s just that the ones who struggle, persist and keep fighting until they understand the concepts—they’re the ones he enjoys the most. Continue Reading
‘Doing Great Things’
Management Senior Alleya Jenkins Envisions a People-Focused Business Career
For Alleya Jenkins ’17, helping others will never be an afterthought in her career, extracurricular activities or free time. Continue Reading
Enhancing Corporate Strategy
International Conference Organized by Professor Folta Yields Strategic Management Book
An international conference about resource redeployment in multi-business or multi-product firms, organized by UConn management professor Timothy B. Folta, has yielded a new book on the subject. Continue Reading
Answers to Your Questions About the Interest Rate Increase
UConn Today– The Federal Reserve Board announced Wednesday that it would raise interest rates just in time for the new year. During its meeting on Dec. 14, the Federal Open Market Committee voted for a 0.25 percentage-point increase, raising the federal funds interest rate to 0.75 percent. It was the first increase since an identical rate boost at this time last year, which was the first increase in almost a decade.
Yaacov Kopeliovich, assistant professor-in-residence in the Department of Finance, discusses what the increase means for the economy and consumers. Kopeliovich recently left a career in industry to join UConn. Now he instructs students on such current issues as the microstructure of specific markets and the contemporary way that financial institutions manage their financial assets and set their targets.
Towards Sovereign Equity
Stanford Journal of Law, Business, and Finance, Vol. 21, No. 2 (2016)
Stephen Park, Tim R. Samples
Sovereigns are unique market participants in the global financial system, and sovereign debt markets largely operate in a legal and regulatory void. This Article adds an important and timely perspective by examining the concept of equity in sovereign debt finance. Governments, unlike corporations, rely almost exclusively on debt to externally finance their investments and operations. GDP-linked securities, which provide interest payments indexed to the sovereign issuer’s rate of growth, are sovereign debt instruments with certain equity-like characteristics. This Article considers whether innovation towards sovereign equity can help mitigate problems associated with sovereign debt crises. To address this question, we analyze the use of GDP-linked securities in recent sovereign debt restructurings by Argentina, Greece, and Ukraine. Drawing on this analysis, we explore more broadly the legal implications of sovereign equity, and conclude that these applications offer opportunities to help manage sovereign finance in the absence of readily enforceable international financial regulation. Full article.
Higher-ed takes on corporate, regulatory compliance
Best of Business: EDUCATION
UConn Foundation Receives $40,000 Grant from Newman’s Own Foundation
UConn Alumni– The UConn Foundation has been awarded a $40,000 grant from Newman’s Own Foundation, the independent foundation created by the late actor and philanthropist, Paul Newman.
The funds will support the UConn School of Business’ Entrepreneurship Bootcamp for Veterans with Disabilities, a program offering cutting-edge, experiential training in entrepreneurship and small business management for post-9/11 veterans with disabilities resulting from their service to the country.