Research News
The
economic slump is forcing retailers to slash prices in order to unload inventory.
However, retailers can forecast demand more accurately when manufacturers offer
a variety of contract incentives upfront, according to Terry Taylor, associate
professor at UC Berkeley's Haas School of Business.
UC Berkeley business professor Hayne Leland honored with $100K financial economics prize
Finance
Professor Hayne Leland at the University of California, Berkeley's Haas School
of Business won the first-ever Stephen A. Ross Prize from the Foundation for
the Advancement of Research in Financial Economics (FARFE) for his research
in corporate debt pricing and capital structure.
As
the 2008 presidential election reports record voter turnout, a new study provides
compelling evidence that mandatory voting may be the best way to reduce electoral
corruption. The research focused on “vote buying,” the act of bribing voters. According
to John Morgan, professor at the Haas School of Business, University of California,
Berkeley, policy reforms combining the present secret ballot with the required
vote of every eligible American would remove the possibility of vote buying.
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.
