Multinational American companies with significant operations in countries with low corporate taxes take on less debt than companies that face higher taxes, according to a new study from the Smith School. A link between higher corporate taxes and debt levels is predicted by economic theory, but some recent studies have failed to find such a connection. In this new study, however, the authors assume U.S. companies will
How do government bailouts of bankrupt companies affect the average citizen? What effect will a raise in interest rates have on children in America? Many college students are interested in going beyond the classroom to better understand the intersection of business and society.
It’s the most dreaded, vilified, and painful week of the semester. No, not Shark Week. Finals Week. Students at the University of Maryland know too well when it’s Finals Week; sleep becomes a forgone luxury, and eating either a temporary solution to avoid work or the only break you get from studying. Of course, fun, becomes but a forgotten fairytale, obliterated by the reality of final exams. But for one night, this is not the case.
Headlines have been gloomy for Brazil in recent weeks: “Worst Recession Since 1901.” “Rio Olympics Face Deep Cuts.” “Pain to Deepen in 2016.” Even the samba has turned sober for the Carnival that will start on Feb. 5. Smith School strategy professor Paulo Prochno sees three fronts converging into a perfect storm. Read more...
Hackers have looted data at Target, JPMorgan Chase, the U.S. government (and, yes, the University of Maryland). So how safe are the paperless voting machines that some states will use in the 2016 presidential election? "Voters as well as the poll workers and election officials have no way to verify that their ballots are recorded, transmitted and tabulated properly," says one speaker at a Smith School cybersecurity forum.