Warrington in the News Articles: page 16

The stock market allows investors to share in the long-run profits generated by well-run businesses. It also allows speculators to buy lottery tickets on startups that may succeed but usually don’t. In 2022, Cordell Eminent Scholar Jay Ritter reported on how IPOs issued between 1975 and 2018 had fared over the subsequent three years: 59% had negative returns, and 37% were down 50% or more.

The Cava restaurant chain is going public. Normally, that would not be big news. But right now, there aren’t a whole lot of companies champing at the bit to make initial public offerings on stock exchanges. Insights from Cordell Eminent Scholar Jay Ritter explain why the IPO market is so listless.

Following Russia’s invasion of Ukraine in 2022, Western governments implemented a suite of sanctions on Russian businesses, escalating the sanctions they implemented following Russia’s annexation of Crimea in 2014. However, new research from Clinical Associate Professor Alex Settles, based on the years following the Crimean annexation, reveals that the Russian sanctions only temporarily hurt targeted firms. The findings suggest that a major tool in the diplomacy toolkit – economic sanctions – do little to deter or reverse aggressive actions by other countries.

“We initially thought this research was going to show that the Russian sanctions worked,” Settles said. “But once we analyzed the data, we started seeing what we saw on the ground, which is there did not seem to be long-term negative impacts from these economic sanctions.”

New research from Assistant Professor Shu He finds selectively targeting drug dealers leads to fewer dealers and drop in transactions.

Recent issues at the FTC raise “troubling” questions for the future of independent agencies, includ­ing the FCC, said Mark Jamison, Public Utility Research Center Director and Gunter Professor, during an AEI forum Thursday.

New research from Assistant Professor Melissa Rhee shows that policies restricting the use of ride-hailing apps like Uber or Lyft can hurt the transportation ecosystem of a city.

Cordell Eminent Scholar Jay Ritter shares his insights about a record-breaking SPAC deal to bring a Vietnamese electric-vehicle maker to market showcases. The deal shows just how distorted things have become in the industry.

Who says retirement is the only golden opportunity? Research from Assistant Professor Yixuan Li shows how retirement-age workers are defying expectations of longevity.

Are you a new board member serving on a regulated company board, but from a non-regulatory background? This podcast episode featuring Public Utility Research Center Director and Gunter Professor Mark Jamison is directed especially to newer board members and executives in utility companies regulated at the state and even federal levels.

Executive Director of the Kelley A. Bergstrom Real Estate Center Tim Becker shares some leadership tips that are game-changers for students wanting to excel in this field. Becker shares the benefits in being kind, possessing humility, and being a good listener as key components to success. Becker’s tried and true leadership program teaches students to be strategic thinkers in the ever-changing real estate world.