Charles Murnieks, Ph.D. Entrepreneurship is Grueling Although entrepreneurship can be an exhilarating experience, it is often a stressful and exhausting one! In a recent study we conducted, the entrepreneurs we surveyed worked an average of 60 hours per week, and nearly a quarter of these worked well over 70 hours a week. That’s a lot […]
The Financial Impact of COVID-19 on the Hospitality Industry
Dr. Nathan Mauck The implications of the COVID-19 pandemic are still unfolding, yet it is clear that economically no industry has felt the pain more than hospitality. In a forthcoming paper to be published in Research in International Business and Finance my Bloch colleagues (John Clark and Steve Pruitt) and I examine the financial impact […]
Raising money by requesting a “penny for your preferences”
By Jacqueline Rifkin, Ph.D. Can your preference for cats or dogs be leveraged to help others? In recently published research, my co-authors and I explore a strategy we call “dueling preferences”, which can be observed in cafés, in charity drives, and on the street. The dueling preferences approach frames the act of giving as a choice […]
COVID-19 and the Stock Market – April 28, 2020 Update
Dr. Nathan Mauck My last market update was on March 19, 2020. In that article I noted that, “The biggest impact on the narrative surrounding markets and the Coronavirus will be updates about the battle against the virus itself. When good news on that front comes, markets could pivot quickly.” As of April 28, 2020, […]
Business Interruption Insurance in the Age of Covid-19
By Don Dagenais A large number of businesses are now closed because of the sheltering orders resulting from the Covid-19 pandemic, and a result there are enormous business losses being accumulated almost everywhere. Aside from cutting expenses and dipping into reserves to keep the basic bills paid, what can businesses do? One possibility is business […]
Personal Finance Assessment with Dr. Nathan Mauck
Dr. Nathan Mauck There has never been a better time than right now to take a close look at personal finances. Create a personal balance sheet to evaluate where things stand and to form a plan on how to best move forward and create lasting financial stability. In this session, Nathan provides a simple method […]
Coronavirus and the Stock Market – March 19, 2020 Update
Dr. Nathan Mauck One week ago I shared my thoughts on making sense of the market reaction to the Coronavirus. At that point, we had witnessed some of the biggest price swings in U.S. history. The price swings that followed dwarfed the recent past including the largest point drop in history and the worst percentage […]
Making Sense of Big Moves in the Stock Market
Dr. Nathan Mauck On Monday March 9th, 2020 stock trading was halted for the first time since 1997 and the S&P 500 ended the day down 7.6%. It was a rough day for markets which had lost almost 20% from the all-time highs of late February. This followed multiple other recent big moves in the […]
A Different Way of Thinking
Jeanie Sell Latz, J.D. Over the past few decades many businesses have focused on the sole objective of creating shareholder value without always giving much thought to the reasoning behind this premise. It was often stated that managers had a legal duty to consider shareholders’ interests to the exclusion of other stakeholders—customers, employees, suppliers, and […]