Members are elected based on the quality of their recent academic research output.Read profiles
Firm’s decision making is directly dependent on their expectations of future economic conditions. This is reflected in choices relevant to wages, employment, investment and pricing of goods - which in turn affect inflation levels and employment rates. But how do firms form their expectations on the future of the economy?
Can short selling stocks sell out managers?
Short selling is the financial marketplace practice of betting that a share’s price will decline. It sends signals to the market that the firm’s performance has weakened. Due to the impact to financial markets, recent literature observed that short sellers can play a role monitoring managerial behaviours and firms' decision making.
Politics of Liquidity
The President’s Party and its Power – Research has found that when a Democrat president is in power, there is rapid economic growth, lower unemployment rate, and business profits are more significant compared to when a Republican president is in control. We investigate the link between politics and activity in the U.S. stock market to find that markets become more liquid under a Democratic presidency.
Uncertainty of trade relationships
New Zealand’s top two trading partners, US and China, are not acting like partners at all. How does the uncertainty of the trade relationship between the US and China impact a smaller economy like New Zealand?
Do Academics Add Value to Firms?
We investigated whether academics add value to firms. The answer is yes!
Independent directors add value to a firm through their collected diverse experiences and knowledge; together advancing a firm’s performance. Academic expertise is a relevant category that contributes to the character of a director.