Research News
Boards of Directors face uncertain futures when companies restate earnings
Corporate board members associated with firms that restate earnings may lose their jobs for reasons that have nothing to do with the numbers. Jo-Ellen Pozner, Assistant Professor in Organizational Behavior at the Haas School of Business at UC Berkeley, found that social mechanisms may play a larger role in penalizing board directors than is accounted for in classical economic theory.
MBAs More Likely than MDs, JDs to be At-Home Moms, According to Wolfram Research
A surprising number of highly-educated MBAs are dropping out of the labor force. Associate Professor Catherine Wolfram, a member of the Haas Economic Analysis and Policy Group studied surveys taken of nearly 1,000 Harvard undergraduate alumni and found 15 years after graduation, business school graduates are more likely than doctors and lawyers to leave the workforce. The common factors: being married, being female, becoming a mother.
Professor John Morgan Finds Monetary Policy is no Game of Following the Leader
Before becoming chairman of the Federal Reserve, Ben Bernanke said it was a "top priority" to "maintain continuity" with Alan Greenspan's leadership. However, in a new study, Haas Professor John Morgan questions the power structure of the Federal Reserve and determines that a single, powerful leader may not be the wisest way to create sound economic policy.
Professor John Quigley Discovers Green Building Pays Greenbacks
Everyone’s talking about "going green," but the cost of the investment up to now has been difficult to justify. Energy savings aside, what are the financial benefits of using environmentally sustainable materials and technology in construction? Haas Professor John Quigley now offers the first systematic analysis of environmentally sustainable construction and its economic impact on the real estate market.
