Education That Inspires

An option-implied Equity Risk Premium (ERP) estimate (published in the Journal of Financial Economics in 2020) by Fousseni Chabi-Yo, Berthiaume Endowed Professor in Business Administration and Finance Department chair, was integrated into the Bank of England’s risk-monitoring toolkit. This measure will be used alongside other risk premia metrics to assess the risk environment in the United Kingdom and around the globe, providing valuable insights to support policymakers in their evaluations and decision-making processes. An example of its application was published: How stretched are equity prices? Evidence from option-implied estimates of equity risk premia | Bank of England

The 28th annual International Symposium on Audit Research (ISAR), was hosted by Isenberg’s Accounting Department June 29 and 30 at the Hilton Boston Park Plaza. The event was a convergence of the brightest minds in audit research and offered approximately 150 attendees an opportunity to explore developments in the field and engage in innovative discussions.

The Department of Finance welcomed almost a hundred luminaries in the field from dozens of academic and financial institutions to discuss topics ranging from corporate governance to the debt ceiling to financial forecasts at the first annual Isenberg School of Management Finance Conference on May 9.

Muzzo Uysal, Carney Family Endowed Professor in the Hospitality and Tourism Management (HTM) Department, has been appointed president of the International Academy for the Study of Tourism through 2026. The academy’s goal is to further the scholarly research and professional investigation of tourism. Its membership is comprised of highly accomplished tourism researchers from around the world. Fellows of the academy are elected to membership based on their scholarly achievements and contributions to the field of tourism. Read more about Professor Uysal’s appointment

George Milne, associate dean of research and Edward D. Shirley ’78 endowed professor of marketing, and three Isenberg marketing PhD alumni received the William R. Darden Best Research Paper Methodology Award in May 2024 at the Academy of Marketing Science Conference. Their paper, titled “Brand Privacy Reputation (BPR): Conceptualization, Definition, and Measurement,” was honored as “an outstanding paper that includes rigorous application or advancement of methods or tools related to marketing research.”

The paper, which Milne coauthored with Lauren Labrecque ’10 PhD, Ereni Markos ’10 PhD, and Kunal Swani ’14 PhD, investigated the significant role that technology plays in consumer data privacy and the increasing importance of businesses protecting this data, not only for consumer safety but also to preserve brand reputation. 

Zhanfei Lei, assistant professor of operations and information management, explores how consumer reviews impact purchase decisions, in a 2021 paper she co-wrote with fellow researchers—“Focus Within or On Others: The Impact of Reviewers’ Attentional Focus on Review Helpfulness,” published in InformationSystems Research. The authors examine how, why, and when online reviews impact the consumer decision-making process, and whether the reviewer’s own experiences affect the perceived helpfulness of the content. Read more about the research.