Finance

How AI Can Reveal Corporate Tax Avoidance
By applying natural language processing to annual reports, researchers found clues to corporate tax avoidance strategies. Based on the research…

Class of 2022
McCombs welcomes eight new research faculty members Eight research faculty members joined Texas McCombs during fall 2022, with interests that…

One-Time Tax Items Aren’t Earnings Misconduct
Nonrecurring income taxes reflect mostly economic causes, not management manipulation Based on the research of Lillian Mills When investors try to…

Texas McCombs Hosts Dallas Fed President’s First Speech on Monetary Policy Goals
Lorie Logan lays out plan to back gradual rate hikes with no projected peak rate McCombs clinical associate professor of…

Dallas Fed President Lorie Logan to Speak at Texas McCombs Jan. 18
Federal Reserve Bank of Dallas President and CEO Lorie Logan to speak at McCombs Jan. 18. Federal Reserve Bank of Dallas…

12 Business Lessons We Learned in 2022
Social sharing leads to false expertise, attractive auditors get more jobs, and marketing expertise makes for entrepreneurial success. Business faculty…

COVID ‘Motherhood Penalty’ Affects Academic Research Productivity
During lockdown, production of working research papers in economics and finance increased, except by women between the ages of 35…

Audits Can Bring Bad News or Benefits to Small Businesses
IRS review might spell the end of a small company — or teach it to be more efficient — according to a new study…

Breaking Good: Focused Work Breaks Boost Productivity
By treating downtime like the sidelines of a sporting event, workers can more quickly get back up to speed Based…

McCombs Community Mourns Beloved Professor Steve Magee
Former finance chair made significant contributions to the business school and the larger academic community Not only was Steve Magee…

Laura Starks Garners Top Honors in Sustainable Finance
Research on environmental, social, and governance issues in investing earns international attention for UT McCombs School of Business finance professor…

Female Execs Hone Customer Strategy
Women in leadership boost customer satisfaction and financials — especially in certain environments Based on the research of Chandra Srivastava and Vijay…

Texas McCombs BBA Ranked No. 7, Nation’s Leader in Top 10 Specialties
McCombs’ undergraduate program lands at No. 7, and all 13 business specialties ranked in the top 10 The McCombs School…

TransUnion Gift To Fund Groundbreaking Data Privacy Research
New collaboration between McCombs and national credit reporting agency will focus on financial data privacy and transparency TransUnion and McCombs…

MS in Finance Hits No. 3 in U.S.
Texas Master of Science in Finance takes top 5 in both Financial Times and the Financial Engineer Times. The Texas Master…

Rule of Law Protects National Economies
When employers and the courts consistently keep promises, workers keep the economy on an even keel Based on the research…

Learning Opportunity
A pair of MPA students appointed to a prestigious program by the Financial Accounting Standards Board Two Texas McCombs MPA…

Finance Leadership
McCombs faculty members lead some of the nation’s three top finance organizations (from left) Robert Parrino, John Griffin, Laura Starks Texas…

Auditing Committees Hire Handsome Partners
Does your audit committee lack Big Four experience? They’re more likely to select an outside auditor for their good looks. Based…

Workplace Injuries Decline After Private Equity Buyouts
Companies see annual injuries per employee fall by up to 15% following a PE acquisition Based on the research of…

Online Attention Predicts Stock Returns
To forecast returns, a new research-based tool tracks internet stock discussion Based on the research of Ashish Agarwal In recent…

McCombs Welcomes New Research Faculty Members
The McCombs School of Business this year welcomes six new research faculty members with interests ranging from high-tech entrepreneurship to…

The Future of Work
Experts say the pandemic has brought permanent changes where and how we work, from technology to women in the workplace…

Three MS Programs Continue Top 5 Status, MBA Holds Steady at No. 17
Three master’s programs and the full-time MBA continue to hit high marks in the 2022 QS World University rankings Texas…

MS in Finance Program Hits No. 1 in U.S.
The Texas Master of Science in Finance is tops among U.S. programs in the latest ranking by Financial Times The…

Faculty Excellence Awards
McCombs announces 2020–21 Teaching and Research Award Winners Each spring, faculty committees at McCombs scour departmental nominations to select winners…

SEC’s Terrorism Focus Hinders Financial Oversight
Flagging possible dealings with a state sponsor of terrorism led to missed errors in financial reporting Based on the research…

The Role of the Office in a Post-COVID World
A year of remote work will have lasting effects, expert says When COVID-19 emptied office buildings around the globe early…

To Guard Against Hostile Takeovers, Worried CEOs Emphasize Bad News
Chief executives focus on the negative to protect their companies, new research shows Based on the research of Shuping Chen…

Let Consumers, Not Banks, Control Their Personal Financial Data
The result? Better terms from banks and insurers. Based on the research of Cesare Fracassi In the online world where…

Rising to the Challenge
The former dean and McCombs alum is UT Austin’s new president UT Austin president Jay Hartzell Jay Hartzell, who spent nearly…

Weighing in, in Heavy Times
How McCombs faculty members have advanced and elevated the national conversation around COVID-19 By Judie Kinonen and Mary Ann Roser With…

A Learning Revolution
The McCombs response: Necessity closes school’s classrooms and gives birth to innovations By Matt W. Turner Illustration by Michael Driver When…

Companies Take Risks When Making Secret Political Contributions
‘Covert’ sponsorship of an embattled nonprofit — identified by a whistleblower — drove investors to sell off companies’ stock Based on the research of…

Housing Speculators Could Bring on Repeat Crash
Housing speculation inflated a third of the housing bubble that led to the Great Recession. In parts of the country,…

Fraud Revealed as Key to Financial Crash
Fraud in asset-backed securities was an underrated cause of the most recent financial crash — and it could bring on another one…

Three Steps to Better Investing
Advice on selecting mutual funds, listening to CEOs, and considering climate change, courtesy of Texas McCombs research If you’re looking…

To Demotivate Your Workers, Connect Pay to Hours Clocked
Employees of all ability levels see pay solely based on their hours worked as unfair Based on the research of…

Why Do Nonprofits Misreport Their Financial Performance? It’s About Manager Pay
When you donate, your money often doesn’t support the nonprofit’s mission as much as it says it does. Based on the…

Three MS Programs Hit Top 5 Status, MBA Rises to 17th
McCombs hits high marks in the 2021 QS Global Business Masters Rankings The McCombs School of Business again took high…

Stimulus masks deeper economic issues
Real effects of downturn still on the horizon, Austin analyst says (left to right) Jon Hockenyos, president of economic analysis firm…

Tether Connection Puts Bitcoin at Risk
An unstable digital currency called Tether, used for trading better-known currencies such as Bitcoin, could crash the whole crypto market…

Amplifying Diversity
McCombs faculty chosen by students in new awards for fostering inclusive classrooms 11 faculty members across the McCombs School of…

Loose Credit Led to Housing Price Bust
Excessive credit supply — not irrational buyer euphoria — was to blame for the 2003–2010 cycle, research shows Based on the research of John…

MS in Finance Program Continues Rise among Top 10
The Texas Master of Science in Finance rose to No. 6 among U.S. programs in the latest ranking by Financial…

New Salem Center for Policy
Houston real estate investor Khaled Salem, BBA ’05, spearheaded a generous new gift to promote innovation around free enterprise Khaled…

Think Taxes When Shopping Mutual Funds
With the right strategy, mutual fund investors can enjoy both low taxes and high returns Based on the research of…

On Corporate Earnings Calls, Investors Can Believe the Hype
The stock market listens to executives who speak in superlatives Based on the research of Jeffrey Hales Don’t believe overblown…