Finance
![Why Do Nonprofits Misreport Their Financial Performance? It’s About Manager Pay why do nonprofits misreport their financial performance its about manager pay img 661daf7247ed8](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/why-do-nonprofits-misreport-their-financial-performance-its-about-manager-pay-img_661daf7247ed8-600x400.jpg)
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 three ms programs hit top 5 status mba rises to 17th img 661daf75a7596](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/three-ms-programs-hit-top-5-status-mba-rises-to-17th-img_661daf75a7596-600x400.png)
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 stimulus masks deeper economic issues img 661daf7e11b3b](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/stimulus-masks-deeper-economic-issues-img_661daf7e11b3b.jpg)
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 tether connection puts bitcoin at risk img 661daf8015c8d](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/tether-connection-puts-bitcoin-at-risk-img_661daf8015c8d-600x400.jpg)
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…
![Loose Credit Led to Housing Price Bust loose credit led to housing price bust img 661dafa169a78](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/loose-credit-led-to-housing-price-bust-img_661dafa169a78-600x400.png)
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 ms in finance program continues rise among top 10 img 661dafb18794f](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/ms-in-finance-program-continues-rise-among-top-10-img_661dafb18794f-600x400.png)
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…
![Think Taxes When Shopping Mutual Funds think taxes when shopping mutual funds img 661dafbb79116](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/think-taxes-when-shopping-mutual-funds-img_661dafbb79116-600x400.jpg)
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 on corporate earnings calls investors can believe the hype img 661dafbd4a1e4](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/on-corporate-earnings-calls-investors-can-believe-the-hype-img_661dafbd4a1e4-600x400.jpg)
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…
![Earning a More Positive Return earning a more positive return img 661dafc53a88f](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/earning-a-more-positive-return-img_661dafc53a88f-600x400.jpg)
Earning a More Positive Return
Social and environmental concerns have investors increasingly aiming for a beneficial impact By Meeta Kothare One of my life’s great joys…
![For Big Funds, Changing Climate Means Changing Portfolios for big funds changing climate means changing portfolios img 661dafcb9bee6](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/for-big-funds-changing-climate-means-changing-portfolios-img_661dafcb9bee6-600x400.jpg)
For Big Funds, Changing Climate Means Changing Portfolios
A new poll reveals action on climate change is coming from an unexpected source: institutional investors Based on the research…
![To Remove Corporate Bias, Let Algorithms Summarize Earnings to remove corporate bias let algorithms summarize earnings img 661dafcca3533](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/to-remove-corporate-bias-let-algorithms-summarize-earnings-img_661dafcca3533-600x400.jpg)
To Remove Corporate Bias, Let Algorithms Summarize Earnings
New research finds that algorithm-created corporate earnings summaries offer benefits over management-penned releases Based on the research of Brian White…
![McCombs Lands on Seven Top 10 Lists in Princeton Review’s 2020 Rankings mccombs lands on seven top 10 lists in princeton reviews 2020 rankings img 661daffee28b5](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/mccombs-lands-on-seven-top-10-lists-in-princeton-reviews-2020-rankings-img_661daffee28b5-600x400.jpg)
McCombs Lands on Seven Top 10 Lists in Princeton Review’s 2020 Rankings
McCombs has the best campus environment of any business school in the nation and excels in marketing, finance, great professors,…
![Three MS Programs Hit Top 5 Status, MBA in Top 20 three ms programs hit top 5 status mba in top 20 img 661db00b3b728](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/three-ms-programs-hit-top-5-status-mba-in-top-20-img_661db00b3b728-600x400.png)
Three MS Programs Hit Top 5 Status, MBA in Top 20
Three master’s programs at McCombs hit high marks in the 2020 QS Global Masters Rankings while the McCombs Full-time MBA…
![Cheaters in the Home and at Work cheaters in the home and at work img 661db01cc2599](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/cheaters-in-the-home-and-at-work-img_661db01cc2599-600x400.jpg)
Cheaters in the Home and at Work
Marital infidelity and professional misconduct linked, study shows People who cheat on their spouses are significantly more likely to engage…
![The Big Shift: More Corporate Cash Flows Into the U.S. Than Out the big shift more corporate cash flows into the u s than out img 661db01e4a6ed](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/the-big-shift-more-corporate-cash-flows-into-the-u-s-than-out-img_661db01e4a6ed-600x400.jpg)
The Big Shift: More Corporate Cash Flows Into the U.S. Than Out
Despite popular belief, all U.S. firms haven’t been sending most of their earnings abroad to dodge taxes, finds a study…
![Well-Connected Directors Pay Off in the Long Term well connected directors pay off in the long term img 661db023eb83d](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/well-connected-directors-pay-off-in-the-long-term-img_661db023eb83d-600x400.jpg)
Well-Connected Directors Pay Off in the Long Term
Dumping directors who serve on too many corporate boards can come at a cost: sacrificing long-term investments for quarterly profits…
![Investing in Private Equity Education investing in private equity education img 661db057080c1](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/investing-in-private-equity-education-img_661db057080c1-600x400.jpg)
Investing in Private Equity Education
How the Hicks, Muse, Tate, and Furst Center for Private Equity Finance ushered in a new era at McCombs. By Judie…
![Letting Banks Know Who’s Got the Power to Pay letting banks know whos got the power to pay img 661db09cc4068](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/letting-banks-know-whos-got-the-power-to-pay-img_661db09cc4068-600x400.jpg)
Letting Banks Know Who’s Got the Power to Pay
Each year in the U.S., more than $15 billion of overdue credit card debt goes into collections. But it doesn’t…
![The New Work-Work-Life Balance the new work work life balance img 661db0add41df](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/the-new-work-work-life-balance-img_661db0add41df-600x400.jpg)
The New Work-Work-Life Balance
Young workers are increasingly taking on side gigs in hopes of advancing professionally. Experts offer some tips for managing them. By…
![Blockchain Conversation Needs a Change blockchain conversation needs a change img 661db0b486a33](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/blockchain-conversation-needs-a-change-img_661db0b486a33-600x400.jpg)
Blockchain Conversation Needs a Change
Why we should stop talking about blockchain ideals and start talking about economics By London Gibson Blockchain has been a…
![Alumni Profile: Different Dream alumni profile different dream img 661db0d2b3e56](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/alumni-profile-different-dream-img_661db0d2b3e56-600x400.jpg)
Alumni Profile: Different Dream
Anish Malpani, BBA ’12, dropped his corporate job in New York City to work for a nonprofit fighting poverty in…
![Alumni Profile: Dual Degrees alumni profile dual degrees img 661db0dc27d76](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/alumni-profile-dual-degrees-img_661db0dc27d76-600x400.jpg)
Alumni Profile: Dual Degrees
Twins Kory and Kyle Davison, both BBA ’18, shared everything growing up — Now, they share their employer and alma mater. By Jenna…
![MSBA Hits No. 3 in World, MSM No. 7 msba hits no 3 in world msm no 7 img 661db147366d6](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/msba-hits-no-3-in-world-msm-no-7-img_661db147366d6-600x304.png)
MSBA Hits No. 3 in World, MSM No. 7
Four master’s programs at McCombs hit high marks in the 2019 QS Global Masters Rankings and Global MBA Rankings The…
![Politicians Who Pass on PACs Get More From CEOs politicians who pass on pacs get more from ceos img 661db184b2a65](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/politicians-who-pass-on-pacs-get-more-from-ceos-img_661db184b2a65-600x400.png)
Politicians Who Pass on PACs Get More From CEOs
Business PACs have gotten a bad name, but banning their campaign contributions could have worse side effects. Candidates who refused…
![Professor John Griffin Named VP of Western Finance Association professor john griffin named vp of western finance association img 661db1864cd1d](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/professor-john-griffin-named-vp-of-western-finance-association-img_661db1864cd1d-600x400.jpg)
Professor John Griffin Named VP of Western Finance Association
Finance Professor John Griffin McCombs School of Business Professor John Griffin has been named vice president of the Western Finance Association,…
![Is Your Partner Wrecking Your Financial Literacy? is your partner wrecking your financial literacy img 661db18f65845](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/is-your-partner-wrecking-your-financial-literacy-img_661db18f65845-600x400.jpg)
Is Your Partner Wrecking Your Financial Literacy?
How relationship roles shape a lifetime of money know-how for better — or for worse Based on the research of Adrian Ward When…
![Why Politicians Spend Billions on Wasteful Economic Development Incentives — and Love It why politicians spend billions on wasteful economic development incentives and love it img 661db1a2cac82](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/why-politicians-spend-billions-on-wasteful-economic-development-incentives-and-love-it-img_661db1a2cac82-600x400.jpg)
Why Politicians Spend Billions on Wasteful Economic Development Incentives — and Love It
Richard Florida, the bestselling urban development author and senior editor at The Atlantic, talked with Professor Nathan Jensen about his…
![University Securities Investment Team Wins First Place at USC Value Investing Conference university securities investment team wins first place at usc value investing conference img 661db1c17e2f0](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/university-securities-investment-team-wins-first-place-at-usc-value-investing-conference-img_661db1c17e2f0-600x400.jpg)
University Securities Investment Team Wins First Place at USC Value Investing Conference
USIT placed first in this month’s USC Value Investing Conference Eric Sun, Nick Marchenko, Dhruv Dhuper, Bryan Goh, and Joseph…
![The Role of the Investor Relations Officer the role of the investor relations officer img 661db1c3bf1fb](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/the-role-of-the-investor-relations-officer-img_661db1c3bf1fb-600x400.jpg)
The Role of the Investor Relations Officer
Investor relations officers play a low-key but crucial role in a firm’s image on Wall Street — and on its financial success.…
![Who Me, an Inside Trader? Four Ways to be Guilty of Illegal Stock Trading who me an inside trader four ways to be guilty of illegal stock trading img 661db1cc2a016](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/who-me-an-inside-trader-four-ways-to-be-guilty-of-illegal-stock-trading-img_661db1cc2a016-600x400.jpg)
Who Me, an Inside Trader? Four Ways to be Guilty of Illegal Stock Trading
Some argue that insider trading has its positives, but in most of the developed world, it is severely frowned upon…
![Trump’s New Tax Plan Seeks to Avoid Hidden Costs of Amnesty trumps new tax plan seeks to avoid hidden costs of amnesty img 661db1e293927](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/trumps-new-tax-plan-seeks-to-avoid-hidden-costs-of-amnesty-img_661db1e293927-600x400.jpg)
Trump’s New Tax Plan Seeks to Avoid Hidden Costs of Amnesty
Research shows that one-time tax amnesties encourage more tax avoidance in the future. Will the new U.S. tax law change…
![Sarbanes-Oxley Is a Warning System for Fraud sarbanes oxley is a warning system for fraud img 661db25189085](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/sarbanes-oxley-is-a-warning-system-for-fraud-img_661db25189085-600x400.png)
Sarbanes-Oxley Is a Warning System for Fraud
Some on Wall Street argue Sarbanes-Oxley is costly, burdensome, and the reason why the number of public companies in the…
![Tax Reform, Explained — Well, Some of It tax reform explained well some of it img 661db26d842f0](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/tax-reform-explained-well-some-of-it-img_661db26d842f0-600x400.png)
Tax Reform, Explained — Well, Some of It
Lawmakers are talking about tax reform, tax cuts, and something called budget reconciliation. Here’s what it means and where we stand.…
![Protecting Your Retirement From Market Volatility protecting your retirement from market volatility img 661db17a6aa33](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/protecting-your-retirement-from-market-volatility-img_661db17a6aa33-600x400.png)
Protecting Your Retirement From Market Volatility
Your savings don’t have to bottom out even if the market does. McCombs investment experts explain how to safeguard your funds.…
![UT Tower](https://news.mccombs.utexas.edu/wp-content/uploads/2024/05/tower-image-600x400.jpeg)
The Right Ticker Symbol Can Mean Bigger Stock Returns
Some ticker symbols are easily recognizable while others look more like alphabet soup. New research says the right combination of…
![The Myth of the Obsolete Accountant the myth of the obsolete accountant img 661db1aeda193](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/the-myth-of-the-obsolete-accountant-img_661db1aeda193-600x400.png)
The Myth of the Obsolete Accountant
There’s a persistent rumor that in the not-so-distant future, technology will replace accountants. Nothing could be further from the truth. By…
![The Threat of Exit: How Investors Manage Management the threat of exit how investors manage management img 661db1b378aa9](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/the-threat-of-exit-how-investors-manage-management-img_661db1b378aa9-600x400.png)
The Threat of Exit: How Investors Manage Management
Institutional investors exercise their power behind the scenes, and those private talks come with potent threats. By Steve Brooks On…
![Fixing Finance’s Embarrassing Paradox fixing finances embarrassing paradox img 661db24156cef](https://news.mccombs.utexas.edu/wp-content/uploads/2024/04/fixing-finances-embarrassing-paradox-img_661db24156cef-600x400.jpg)
Fixing Finance’s Embarrassing Paradox
Why it’s time to rethink how corporate finance is taught, according to a business school professor By Adrienne Dawson A…
![UT Tower](https://news.mccombs.utexas.edu/wp-content/uploads/2024/05/tower-image-600x400.jpeg)
When No One’s Looking, Merging Firms Manipulate Earnings
When one company acquires another, it often promises that higher earnings will result. Do firms conspire to pump up those…
![UT Tower](https://news.mccombs.utexas.edu/wp-content/uploads/2024/05/tower-image-600x400.jpeg)
Americans: Living Rich, Retiring Poor
What you will need to retire, and why so many in the U.S. are financially unprepared for the future By…
![UT Tower](https://news.mccombs.utexas.edu/wp-content/uploads/2024/05/tower-image-600x400.jpeg)
Hurricane Season Could Bring Higher Energy Prices
In addition to causing millions of dollars in property damage, hurricanes also create volatility in the prices of oil and…