News Articles
Jan 21
New report from Gies College of Business reveals more employees are languishing than flourishing at work
Data from new study reveal that many employees are not thriving: 57% of respondents report languishing at work, while 43% report flourishing.
Jan 16
Gies researchers cited in latest CBO Climate Change Report
The CBO estimates that the under the likely scenario (a three-degree warming trend), the GDP will decrease by four percent, wildfires would be five times greater, and damage from routine flooding would total $250 billion.
Jan 13
Board gender diversity improves investment efficiency for companies
Researchers collected data on nearly 36,000 companies between 1999 and 2021, and their study shows that investment efficiency improved in firms where the country is implementing board gender diversity interventions.
Jan 09
Adapting the curriculum for the future of business
Business schools are facing pressure to adapt to a rapidly changing business environment marked by technological advancements, globalization, and emerging high-growth industries. This requires us to take a critical look at how and what we teach.
Jan 06
Gies researcher uses novel approach to uncover prevalence of earnings manipulation
Results of a list experiment suggest that executives from 12.4% of Russell 3000 companies may have committed financial statement fraud at least once in the last five years.
Dec 23
Alum Ryan Coon shares his entrepreneurship journey in the 2024 Cozad Lecture
For Coon, entrepreneurship is not something that can be learned in a classroom. He learned when he got to the University of Illinois: “I got the advice pretty early on that entrepreneurship is a mindset and to spend time on campus acquiring skill sets that will help later on.”
Dec 19
New model helps e-commerce platforms decide whether to dump underperforming products
Online retail platforms are increasingly becoming a dumping ground for low-quality products, but new research from a team of Gies scholars points to a new model that would allow e-commerce platforms to proactively identify potentially dubious products for removal.
Dec 16
Arkadiy Sakhartov wins 2024 ISOI Best Paper Award
Gies Professor Arkadiy Sakhartov was named the recipient of the 2024 Illinois Strategic Organizations Initiative (ISOI) Best Paper Award for his article “Corporate Diversification and Risk: Portfolio Effects and Resource Redeployability” that was published in Strategy Science in 2022.
Dec 09
Separating Home Life from Work – Maybe There’s a 'Vegas Rule' for That
Gies professor Oscar Ybarra uses “the Vegas Rule” to examine how well people separate their work life and home life. Could the ability to separate these two influences impact an individual’s ability to focus while at work?
Dec 06
PODCAST: Health Care Research Initiative Director David Molitor
Associate Professor of Finance and Director of Gies' Health Care Research Initiative David Molitor discusses how he and his team are studying the effects of health on business and, so far, the results are extremely surprising.
Dec 03
Corredor named one of Poets&Quants' 50 Best Undergraduate Professors for 2024
The award highlights educators who excel in teaching and research and recognizes Corredor for her exceptional contributions to business education, including transformative teaching and innovative course design.
Dec 02
2024 Hurricane Season highlights number at risk, opportunities for change
With nearly 400 deaths and $190 billion in damages, the 2024 Atlantic hurricane season underscored the increasing risks posed by climate change. Gies professor Tatyana Deryugina emphasizes the need for policy changes and climate-resilient development to reduce vulnerability and enhance long-term recovery.
Nov 25
Headed for trial? Gies research suggests auditors should prepare for the worst
Even if an audit firm follows all the standards for a high-quality audit, they can be sued if their client believes the firm made a mistake. This can include errors, fraud, or miscommunication. And that can be a big financial risk for audit firms.
Nov 18
Study: Community Notes on X could be key to curbing misinformation
Gies research reveals that crowd-sourced fact-checking can effectively curb misinformation, as users are more likely to retract false or misleading tweets when peer-reviewed corrections are added.
Nov 14
Illinois Policy Summit paving the way for longer-term startup success
Gies Professor Joseph Cheng is leading initiatives to support startup success through commercialization training, policy summits, and a pilot study. His efforts aim to reduce failure rates and boost economic growth.