Thought Leadership

The Federal Reserve Board has engaged six of the biggest U.S. banks in a pilot Climate Scenario Analysis (CSA) to assess and “advance the ability of supervisors and banks to analyze and manage emerging climate-related financial risks.”

The stars were out Sunday night during Super Bowl LVII at State Farm Stadium—and not just the injured Patrick Mahomes leading the Kansas City Chiefs to a comeback win over the Philadelphia Eagles, or the pregnant Rihanna pumping up the crowd during the halftime show.

The unimaginable happened in March 2020. Many employers shuttered their offices and told their employees to work from home. Today, although office workers are still not coming in every day, offices across 10 major U.S. cities are over 50% filled for the first time since the pandemic started. 

Being a leader is about more than a title; it’s a mindset. And it fluctuates – people may feel more “leader-like” on some days than others. Feeling capable and confident can make leaders more successful for their organizations, so helping them feel the part every day is critical.

Wall Street Journal reporter Justin Lahart has coined the term “richcession” to explain what might happen should a recession occur this year. According to him, the well-heeled would take a bigger hit than usual, even if we manage to narrowly escape an economic downturn.

Even as the price of food continues to tick up and people are spending more on groceries, nearly 40% of food in the United States is being wasted – mostly by shoppers who never consume what they bought and by retailers who don’t manage to sell it.

New enterprise software investments can lead to big benefits for firms by enabling business process innovations, but implementation is notoriously difficult. Having IT professionals with the right combination of both technical and business process knowledge is critical to a quick and successful…

In research published in the Journal of Accounting Research, Smith accounting professor Musa Subasi and his co-authors looked at how Thomson Reuters produces and distributes street earnings to better understand the role forecast data providers play in capital markets.

A new year brings a fresh start, a full slate of 365 days to work on improving oneself in one way or another. Ten Smith professors are sharing their New Year’s resolutions:

How do companies fare when demand for their products suddenly drops off? It’s a question many industries could face this year, as inflation continues in a tight labor market. Looking at a past demand shock has some answers, finds new research from the University of Maryland’s Robert H. Smith School…