Accounting

According to research, there are efficient and inefficient ways to inspire your staff in today's multidimensional business environment. Learn the combination for achieving better performance from your workforce.

Ask the 3,000 impoverished Ethiopian women who received special credit lines so they could start their own businesses: World Bank loans change lives. Just what is the World Bank? Started after World War II, it was created to help nations rebuild, says Assistant Professor of Accounting Phil Lamoreaux.

Insider trading erodes confidence in the stock market and reduces investor participation in a market they figure is rigged on behalf of the rich and powerful. Can shareholder lawsuits deter this self-serving behavior? According to Associate Professor of Accountancy Yinghua Li, the answer is yes, depending on who brings suit.

In periods of economic downturn, analysts’ forecasts are generally more optimistic than conditions warrant. On the other hand, analysts are very accurate reflecting positive signs. But new research shows that when analysts have access to an in-house economist, they are less likely to paint a rosy picture about discouraging news, making their work more valuable to investors.

AP reporter Tom Murphy interviewed Professor of Practice Donald Goldman in the wake of Pfizer’s decision to scrap a tax-saving $160-billion overseas merger.