In the last quarter of 2001, the hedge fund SAC Capital filed a Freedom of Information request asking for documents regarding inspections of plants operated by Charles River Laboratories, which conducts pharmaceutical research. SAP apparently didn’t get bad news, because it increased its shares in Charles River from about 70,000 to 240,000 during that same calendar quarter. The stock rose, and SAC sold most of it in the next quarter, thereby realizing a quick gain in the range of 26 percent to 32 percent, an extraordinary achievement.
Faculty & Research
By LIU YANG
Executive orders from the White House in 2014 rekindled a decades-long debate about gender pay disparities that persist in corporate America. Some blame the gap on lingering workplace biases that protect the C suite as the domain of men. Others dismiss the problem as overstated, citing the choices that women often make to sacrifice career advancement in favor of family.
U.S.-based multinational corporations move an average of $12 billion in taxable income back into the country each year, tax free, through complex mergers and acquisitions. That’s according to new research by Emanuel Zur, an assistant professor of business at the University of Maryland’s Robert H. Smith School of Business, and two coauthors.
Experts Map Cyber Governance in UMD Business-Public Policy Forum
The fledgling cyberinsurance industry needs stronger data analysis fed by companies more willing to self-report cyber incidents.
That assessment, by Department of Homeland Security Senior Cybersecurity Strategist Tom Finan, was part of the annual Financial Information Systems and Cybersecurity Forum on Jan. 14, 2015, co-hosted by the Robert H. Smith School of Business and School of Public Policy at the University of Maryland.
The American Marketing Association has selected Professor Roland Rust at the University of Maryland's Robert H. Smith School of Business as an inaugural AMA Fellow in a new program that honors top marketing academics.
How much confidence should you have in the findings published in the top strategic management journals? Less than you might think, according to new research from the University of Maryland’s Robert H. Smith School of Business.
High performers understand the adage: “It’s lonely at the top.” New research from the University of Maryland’s Robert H. Smith School of Business, which I co-authored with colleagues from four other institutions, confirms that outperforming workplace norms can prompt negative social consequences. But we also found the opposite.
Teams searching for innovation increase their odds of driving the evolution of a field when they reach out to colleagues—or to research findings—outside their field's area of expertise, a new study from the University of Maryland’s Robert H. Smith School of Business suggests.
The holiday season is a boom time for the sale of consumer electronics, which means it’s also prime time for retailers to push extended-service contracts onto their customers. The contracts lengthen the terms of manufacturers’ warranties — for a hefty fee.
Tata Group acquisitions such as Jaguar Land Rover may have American consumers taking notice of the Indian company as a global force for the first time, but the company has been a subject of an in-depth study on how to transform large corporations by Sunil Mithas, professor of information systems at the University of Maryland’s Robert H. Smith School of Business. His new book, “Dancing Elephants and Leaping Jaguars,” documents the leadership strategies and management interventions that drove Tata’s growth following the liberalization of the Indian economy...