The Smith School's academic departments and research-focused centers of
excellence combine leading scholars and industry veterans who truly understand
the importance of risk management. Smith faculty and practitioners explore
issues related to how risk impacts financial decisions, supply chains and the
broader global economy.
Risk Management and Shorter Supply Chains Pay Off Big
Sandor Boyson and Thomas Corsi, professors and co-directors of the Supply Chain
Management Center, say the uncertain economy has led to major strategy shifts
for global companies: Shorter supply chains and a new intense focus on
calculating risk. Book
Mortgage Rules Key for Housing Recovery
Cliff Rossi, executive-in-residence, tackles the debate on qualified residential
mortgage rules. Rossi says the proposed provisions oversimplify the risk
tradeoffs among borrower, product and collateral in a way that is likely to
raise borrowing costs and prevent a lot of well-qualified borrowers from
obtaining mortgages. His solution: A simple scorecard.
Center for Financial Policy Tackles Systemic Risk Data Issues
The Dodd-Frank Wall Street Reform and Consumer Protection Act created an Office
of Financial Research (OFR) and a Data Center (OFR/DC) with the mandate to
establish a sound data management infrastructure for systemic-risk monitoring.
The Center for Financial Policy and partners NYU’s Salomon Center, UC-Berkeley's
Fisher Center and Carnegie Mellon's Center for Financial Markets are working
together to offer recommendations on systemic risk and data issues.
Reducing Risk in Cyberspace
In today’s networked world, cybersecurity risk management is critical to head
off potentially harm caused by a lack of effective cybersecurity. Accounting
professors Lawrence Gordon and Martin Loeb have been at the forefront on
studying how organizations should invest in protecting information.