Spring 2026 Buffalo Business 21
Federal regulation makes
companies more honest
"Our findings should ease regulators' fears about costly side
effects. And, we found that some firms tied more of CEO
pay to performance-based measures subject to clawback —
directly challenging the narrative that regulation always
pushes executive pay higher."
— Michael Dambra, associate professor and Kenneth W.
Colwell Chair of Accounting and Law, on research about
how a new U.S. Securities and Exchange Commission regulation aimed
at curbing CEO pay is prompting companies to strengthen their financial
reporting by improving transparency, hiring more accountants and
paying higher audit fees to ensure accuracy, while resisting the urge to
inflate executive pay. Read more at bit.ly/ubmgt-ceopay.
Corporate culture can reduce disparities
in financial services
"By prioritizing fair promotion practices and
transparent lending, firms can build more equitable
financial systems, especially during times of crisis.
For banks, these efforts aren't just good for reputation,
they can directly reduce complaints and build trust."
— Feng ( Jack) Jiang, associate professor of finance, on
his research that found consumers in communities
of color receive significantly poorer financial services than those in
low-minority communities, but stronger competition among banks
and specific practices within them can help level the playing field.
The study appeared in the Journal of Accounting Research. Read
more at bit.ly/ubmgt-financial-equity.
Why workaholics can't switch off
"Workaholics have a deep attachment to work goals
that makes it harder for them to mentally step away,
limiting the intervention's effectiveness and flagging
these employees as a priority group for tailored
recovery support."
— Min-Hsuan Tu, associate professor of organiza-
tion and human resources, on her research
addressing the persistent difficulty most employees face in getting
work off their minds. Reflecting on personal, nonwork goals in
the evening can support well-being and help many people feel
better, though workaholics remain a notable exception. The study
appeared in the Journal of Applied Psychology. Read more at
bit.ly/ubmgt-workaholics.
