John Knopf

Do Managers Seek Control and Entrenchment?

The CLS Blue Sky Blog – Do managers seek control of the firm, or the level of ownership consistent with entrenchment? Entrenched managers own shares within a range which is high enough to give them control, but sufficiently low to make other shareholders bear the brunt of their non-value maximizing actions. There is a large literature on how entrenched managers can benefit themselves by extracting wealth from other shareholders, but conclusive evidence that managers seek entrenchment is currently lacking.

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New Undergraduate Financial Management Major Introduced to Stamford Campus

The new undergraduate financial management major was introduced to the School of Business’ Stamford campus on Thursday, August 29. The first class includes 17 business students. The financial management major offered only at the UConn Stamford campus is specifically designed to prepare students for careers in corporate money management and investment. The curriculum is closely tied to professional financial services practice. It was developed in partnership with the Stamford Chartered Financial Analysts Society (SCFAS), and prepares students to take the first level of the Chartered Financial Analyst (CFA) exams which leads to the CFA designation. The unique program will include support from the society with mentoring and introductions to the various financial institutions in the tri-state area.

The first class will graduate in May 2014.

Pictured: The financial management students along with Professor Katherine Pancak, Professor John Knopf, Program Manager Marlys Rizzi, Executive Director for the School of Business at UConn Stamford Jud Saviskas, and Finance Department Head Chinmoy Ghosh.

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Business Law Faculty Takes Center Stage at Annual Conference

The Business Law Faculty in the School of Business participated in the 88th annual Academy of Legal Studies in Business (ALSB) conference, held in Boston, Massachusetts on August 6-10, 2013. The conference featured presentations, workshops, and panels, and hundreds of legal scholars from around the world gathered to discuss a variety of legal and pedagogical topics. Continue Reading