Good unemployment benefits are critical for many out-of-work individuals who need to make ends meet while searching for a new job. But the safety net those benefits provide can cause a big hit to employees’ productivity at companies, according to new research from the University of Maryland’s Robert H. Smith School of Business. The research pinpoints a way for companies to mitigate the problem and actually increase productivity: Offer additional great benefits to entice employees to work hard.
John Hancock rallied a nation with his large autograph on the Declaration of Independence, but new research from the University of Maryland’s Robert H. Smith School of Business shows that signature size on corporate financial statements can signal far less noble intentions.
Is a senior executive more likely to sugarcoat how well the firm is doing if that person sits on the company’s board of directors?
New research from Emanuel Zur, assistant professor of accounting and information assurance at the University of Maryland’s Robert H. Smith School of Business, finds that the executive’s status with the board of directors does indeed have an impact.
Big John Hancocks Signal Narcissism
Why Firms Shouldn’t Knock SOX: How the Regulation Impacts M&A
Wall Street responds to surprises, but not always in intuitive ways. Share prices go up at the firm level when a company issues a stronger than expected earnings report, which makes sense. But the opposite often happens at the aggregate level when companies collectively exceed expectations. Share prices can drop instead of rise.
Personal and corporate income tax laws are complex and expensive. The collective cost of tax filing, record keeping and the like is least $170 billion a year, says Smith School professor Peter Morici. In a column today, Morici says other nations more efficiently rely on consumption taxes. The U.S. system should shift in that direction, he says. Read more...
Research presented at the third annual Journal of Accounting and Public Policy Conference in College Park, Md., shows how the expectation of a safety net — which comes with strings attached — actually reins in shareholders and managers with limited liability.
The Accounting and Information Assurance Department at the University of Maryland's Robert H. Smith School of Business is adding tracks for public accounting and taxation to its 8-year-old Master of Science in Business: Accounting program.
Both additions are 30-credit hour programs and take effect in fall 2014.