Markets
Quickly Disclosing Bad News Could Help Companies Benefit from Market Signals
Consistently releasing negative forecasts promptly could change trader incentives and ultimately help a company gather more strategic information from the market, according to a new study co-authored by Yale SOM’s Zeqiong Huang.
Lessons for the Crisis Fighters
Yale SOM’s Andrew Metrick and the Yale Program on Financial Stability are studying the global financial crisis of 2007-09, working to create the knowledge and tools to prepare the next generation of policymakers who find themselves in the eye of a monetary maelstrom.
When Should Companies Share Information with Competitors?
A study by Yale SOM’s Tristan Botelho suggests that, under certain circumstances, companies could benefit from sharing detailed information with competitors.
SEC Settlement Won’t Fix Tesla
Tesla may have reached a settlement with the SEC, Yale SOM's Jeffrey Sonnenfeld writes, but the company's board still needs to address the problems created by its brilliant, self-destructive CEO.
Three Questions: Prof. Jacob Thomas on Tesla’s Bid to Go Private
We asked Yale SOM’s Jacob Thomas, an expert on stock prices and company valuation, about the prospects for Elon Musk’s plan.
Is Antitrust Enforcement Out of Date?
U.S. antitrust laws, Yale SOM’s Fiona Scott Morton says, were written when new technology meant “typewriters and buggy whips and bicycles.” She assembled a group of economists and legal scholars to examine areas in which enforcement is out of sync with a changing economy.
Three Questions: Prof. Peter K. Schott on Tariffs and Trade Wars
President Trump has imposed a series of tariffs, raising tensions with allies and prompting other countries to respond in kind. We asked Yale SOM’s Peter K. Schott, who studies how firms and workers respond to globalization, to assess the current climate.
Does Fake News Sway Financial Markets?
Deceptive articles on investment websites appear to temporarily boost stock prices for small firms, according to research by Yale SOM’s Marina Niessner and Tobias Moskowitz.
Is Women’s Work Evaluated Fairly?
Does gender bias prevent women from being treated fairly in job interviews, performance assessments, and other evaluations? Data from an online stock recommendation platform suggests that women’s ideas simply get less attention than their male colleagues’.
Three Questions: Prof. William B. English on the Debut of the New Fed Chair
We asked Prof. William B. English, who spent more than two decades as an economist at the Fed, to interpret new Fed chair Jerome Powell's first Open Market Committee meeting.
How Do Investors Respond to Uncertainty?
Conventional wisdom says that uncertainty is bad for markets. But Yale SOM’s Stefano Giglio and his co-authors found that investors are willing to pay a premium to protect themselves only against actual market volatility, not mere uncertainty.
