University of Maryland researchers and the U.S. Attorney for Maryland described the significance of cybersecurity as a collective action, as part of the 19th Forum on Financial Information Systems and Cybersecurity: A Public Policy Perspective.

Publicly traded companies’ quarterly earnings announcements aren’t just for investors – consumers are also absorbing earnings news and making purchasing decisions accordingly, finds new research from the University of Maryland’s Robert H. Smith School of Business. The research, from Michael Kimbrough, accounting professor and area chair of Smith’s accounting and information assurance department, looks at how stakeholders beyond investors respond to earnings reports and what that means for firms.

GRF CPAs & Advisors has awarded $150,000 to the University of Maryland’s Robert H. Smith School of Business to seed an AI Initiative for Capital Market Research.

Accomplished leaders in public service Cietta Kiandoli and Glen Martin represent the University of Maryland’s Robert H. Smith School of Business among Poets & Quants’ Best & Brightest Executive MBAs from the Class of 2023.

Tremendous opportunity for business students lies in an emerging and needed interdisciplinary approach to “making cyber and law work together.” This, according to privacy and cybersecurity attorney Kirk Nahra in delivering the Ira H. Shapiro Memorial Lecture as part of the 18th Forum on Financial Information Systems and Cybersecurity: A Public Policy Perspective.

Firms are more likely to face accounting-related lawsuits for overstating their earnings or assets than for understating them because it’s easier to demonstrate investor harm with overstatements. So erring on the conservative side can reduce a firm’s legal costs.

New research shows that information public companies reveal in SEC disclosures cuts down their competitive advantage faster.

Research by Michael Kimbrough Each quarter brings a flurry of news releases coming from publicly traded companies announcing their earnings, often with an explanation for the good or bad numbers. The companies have a lot riding on the highly scrutinized earnings reports: Stock price changes can be significant as the market reassesses the future prospects of a firm. 

Research by Michael Kimbrough Conference calls around merger announcements help companies gain credibility and favorably influence stock prices, but only if your CEO is well-spoken and well-prepared. Investors react more favorably to conference calls because they allow managers to provide more information and directly address investor’s questions and concerns.