20 Buffalo Business |
AI AND BUSINESS ANALYTICS SOCIAL IMPACT OF MANAGEMENT BUSINESS OF CLIMATE CHANGE INNOVATION, ENTREPREURSHP AND LEADERSHIP
Insights
N E W S A B O U T F A C U LT Y A N D T H E I R R E S E A R C H
Businesses face hidden loan costs
after going public
"Firms want to escape the grip of
existing lenders and diversify their
financing sources, but doing so
requires extra concessions, even
aer they've opened up their books
to the public. Our findings show that
post-IPO companies see the value in
working with new lenders, despite the need to commit
to performance-sensitive debt."
— Luca Lin, assistant professor of finance, on his
research that found going public can help a
company get better loan terms and more easily
borrow from different banks, but the firms can
also face hidden loan costs. The study appeared
in the Journal of Corporate Finance. Read more at
bit.ly/ubmgt-ipo-loans.
Rising inequality is making
Americans less likely to support
a higher minimum wage
"The way we see things affects what we think is fair. Through our study,
we discovered that as inequality increases and people see low-income
workers earning less, they oen conclude that they should earn less,
contributing to a cycle that makes inequality harder to fix."
— Daniela Goya-Tocchetto, assistant professor of organization and
human resources, on her study that found support for raising the
minimum wage has declined as the gap between rich and poor has
increased due to "is-to-ought" reasoning — a philosophical distinction between
statements about what is (facts) and what ought to be (values, morals, norms).
The study appeared in the Journal of Experimental Psychology General. Read
more at bit.ly/minimum-wage-research.
How to best support medical patients without homes
"Respite programs vary widely since no federal standard exists. We found
that the most effective systems have partnerships that are built on strong
relationships between administrators and frontline staff, and that regular,
structured meetings are the glue that holds those relationships together."
— Sanjukta Das Smith, associate professor of management science and
systems, on her research revealing that aer unhoused people leave the
hospital, they achieve the best outcomes when leaders and frontline staff
at health and social service agencies work together to provide care. Smith collaborated on
the study with researchers from the UB School of Nursing and UB School of Public Health
and Health Professions, and it appeared in the Journal of Interprofessional Care. Read
more at bit.ly/unhoused-care.
