Venture capitalists are stars in Silicon Valley, picking and choosing among potential tech giants and riding startups to riches (if they're lucky). But venture capital isn't for every startup, and the pursuit of VC can be a trap, points out Elana Fine, executive director of the Dingman Center for Entrepreneurship, at the University of Maryland's Robert H. Smith School of Business.
Say you're a hotel manager trying to decide whether to build a pool: Will the additional reservations you bring in from that amenity offset the cost of construction and maintenance? Or say you offer free bottled water to all guests. If you stopped doing so, would you save money in the long run? New research from the Smith School offers some answers to these questions.
Since the global financial crisis, “active” fund managers — stock pickers looking to beat the market — have lost ground to their “passive“ counterparts, as investors shun stock pickers amid concerns over bad performance and high fees. Smith School finance professor Russell Wermers compares the situation to the shark-prey relationship. "We need both in the water to make the world go round properly," he says.
On May 6, 2016, full-time MBA students at the University of Maryland’s Robert H. Smith School of Business hosted the sixth annual “Smith’s Got Talent” variety show. Over the years, the show has become a highlight of the spring semester for Smith Terps. Some years there is more talent than others, but everyone always has a great time. The event perfectly showcases the tight-knit community of Smith MBA students at UMD.
Lines at some airports have gotten nightmarish as travelers head into the summer's first holiday weekend. As a result, two U.S. senators have called on airlines to stop charging fees for checked bags as a way to reduce the burden on TSA screeners. Research from Smith School professor Martin Dresner at three Washington-Baltimore airports show how baggage fees do indeed significantly change consumer behavior.