Michael Willenborg


IPOs that disclose ‘bad news’ go public at lower prices

(istockphoto.com)
(istockphoto.com)

As part of their professional responsibilities, external auditors must assess a cornerstone assumption of financial accounting: namely, whether there is substantial doubt that the company, whose financials they are examining, will continue to operate as a ‘going concern’ (GC). If they conclude that such doubt exists, they must disclose this in their audit opinion. Continue Reading



Celebrations

A view of the School of Business on April 28, 2015. (Peter Morenus/UConn Photo)
A view of the UConn School of Business. (Peter Morenus/UConn Photo)

School Honors Faculty Whose Accomplishments Shine Brightly;ย Professor Golec Awarded โ€˜Research Excellenceโ€™ Honor

Finance professor Joe Golec, a scholar who keeps a running list of at least 100 potential research topics at all times, was awarded the School of Businessโ€™ top honor this spring, its Award for Research Excellence.

Meanwhile accounting professors Yanhua โ€œSunnyโ€™โ€™ Yang and Michael Willenborg earned the School of Businessโ€™ Best Paper award for a highly regarded research paper about IPO prices. One of the reasons she chose to work at UConn, Yang said, was the value the University places on research distinction. Continue Reading