This article is based the research of Kelley Assistant Professor of Business Economics and Public Policy, Boyoung Seo. This work was co-authored by R. Andrew Butters, Daniel W. Sacks (University of Wisconsin). Introduction It makes intuitive sense that product consumption fluctuates seasonally. Items like ice cream, hot dogs, beer, and canned soup are obviously… Read more »
Accounting & Finance
Does Fractional Trading Fuel “Meme Stock” Trading Frenzies and Bubbles?
This article is based the research of Kelley Professor of Finance and Richard E. Jacobs Chair in Finance, Vivian Fang. This work was co-authored by Zhi Da (University of Notre Dame) and Wenwei Lin (Chinese University of Hong Kong). Introduction Retail trading has sharply increased in U.S. equity markets in recent years—thanks, in large… Read more »
Data with Dignity: Equity and AI-based Resource Allocation
This article is based on a presentation at the Fall 2023 Accounting & Finance Forum on Data with Dignity by Chad Dau, Associate Vice President – Decision Analytics and Optimization at Lilly. AI-driven resource allocation is quickly becoming one of the most common applications of artificial intelligence in the business world, and for good reason…. Read more »
Embracing Human Judgment in Model-Driven Decisions
This article is based on a presentation at IBA’s Fall 2023 Accounting and Finance Forum: Data with Dignity by Amit Grover, Director of Finance Data Sciences at Discover Financial Services at the time of this presentation. In just five short years, artificial intelligence has revolutionized the accounting industry. In his role leading the finance and data… Read more »
Understanding the Data Landscape of ESG Reporting
This article is based on a presentation at IBA’s Fall 2022 Forum on Accounting and Finance Analytics: Perspectives on ESG Reporting by Makayla Bonney and Mary Rolfsen, who are both Sustainability Managers for Deloitte Consulting. Environmental, social, and governance (ESG) reporting is becoming an important aspect of corporate reporting as a result of increasing stakeholder… Read more »
Risk and Sustainability: The Intersection of ERM and ESG
This article is based on a presentation at IBA’s Fall 2022 Forum on Accounting and Finance Analytics: Perspectives on ESG Reporting by Jana Utter, who serves as the Vice President for Enterprise Risk Management for Centene Corporation. Jana Utter, the Vice President of Enterprise Risk Management (ERM) at Centene, is among the practitioners who approach… Read more »
ESG Assurance and Internal Controls
This article is based on a presentation at IBA’s Fall 2022 Forum on Accounting and Finance Analytics: Perspectives on ESG Reporting by Robert Hirth, Senior Managing Director at Protiviti, and Steve Wang, Managing Director at Protiviti. As companies around the world become increasingly aware of the need to focus on environmental, social, and governance (ESG)… Read more »
A Board’s Eye View on ESG
This article summarizes a presentation at IBA’s Fall 2022 Forum on Accounting and Finance Analytics: Perspectives on ESG Reporting given by Harry M. Kraemer, a Clinical Professor of Management & Organizations at Northwestern’s Kellogg School of Management and a Executive Partner at Madison Dearborn. As the world continues to evolve, businesses are realizing that they… Read more »
Tax Avoidance and Firm Risk: Insights Gained from a Latent Class Mixture Model
This article features the work of Sonja O. Rego, the Chairperson and Professor of Accounting and the KPMG Professor at the Kelley School of Business. There are numerous benefits of corporate tax avoidance, including generating cash tax savings and providing financial reporting benefits. However, tax avoidance can also impose significant costs on firms, including the… Read more »