Warrington in the News Articles: page 37

The influence of money and corporations in the federal government is a “growing problem,” said Aaron D. Hill, associate professor of management at the University of Florida Warrington College of Business. Nearly one in eight stock trades by members of Congress intersects with legislation, and research shows that members of the House and Senate generate “abnormally higher returns” on their investments. Still, Congress members are subject to less stringent (or, at times, unenforced) oversight on conflicts of interests than those in other branches of government.

The high retail vacancy rates are highlighted in a recent study by the Kelley A. Bergstrom Real Estate Center at the University of Florida’s Warrington College of Business.

It identifies six of the most popular mixed-use student housing properties near the university.

Despite tenant rates that are at or near capacity, the report found that four of the buildings have a majority of its retail space vacant, two of which still have no tenants since opening.

Insights from Cordell Eminent Scholar Jay Ritter are included as part of this Bloomberg Law Opinion column on the SEC’s proposed changes to the rules around SPACs.

Cordell Eminent Scholar Jay Ritter was cited as part of SEC Commissioner Caroline A. Crenshaw’s statement on the proposed changes to SPACs. Specifically, the SEC is proposing new rules and amendments that would require, among other things, additional disclosures about SPAC sponsors, conflicts of interest and sources of dilution.

With gasoline prices trending over US$4 per gallon nationwide, politicians are feeling the heat. In response, Maryland and Georgia have temporarily waived their state gasoline taxes to reduce the burden on consumers. Other states are considering similar actions, and some members of Congress have called for suspending the federal gas tax. The Conversation asked four experts, including Public Utility Research Center Director of Energy Studies Ted Kury, whether gas tax waivers are an effective way to provide economic relief to U.S. households, and what other impacts these measures could have.

The success of the digital economy has given rise to some of the wealthiest companies the world has ever known. Over the last decade or more, concerns have arisen among some economists about whether existing antitrust laws are adequate to address the market power exercised by these “Big Tech” companies and their products and platforms that are used by billions of people globally.

Has the data-driven economy of “free” platforms, network effects and the unprecedented size of these tech firms changed the economic calculus behind the consumer-welfare framework that currently guides antitrust enforcement?

Public Utility Research Center Director and Gunter Professor Mark Jamison and a panel of other economists on both sides of the question share their insights.

The Diplomat speaks with Cordell Eminent Scholar Jay Ritter about Chinese coffee company Luckin and its second IPO attempt.

The rich valuations remind Cordell Eminent Scholar Jay Ritter of initial public offerings in the 1980s and 1990s, which were typically done by young companies with similarly optimistic business models.

“A lot of them turned out to be disappointments for investors, and so far that’s been true with a set of companies that have recently merged with SPACs,” said Ritter, a finance professor who specializes in public-listings data.

Doctor of Business Administration student and Clinical Assistant Professor of Accounting at Salisbury University David Weber is featured in this story about the widow of Washington D.C. police officer Jeffrey Smith who won a months-long fight to have her husband’s death declared in the line of duty, following his suicide days after the January 6, 2021, attack on the U.S. Capitol.

Congratulations to Management Communication Center Office Manager and owner of Eden Books Robyn Crawford for being awarded a $10K Backing Black Business Grant from ReimagineMainStreet and their partners Black Girl Ventures, U.S. Black Chambers, Inc., Walkerslegacy, Meta, 1863 Ventures, African American Alliance of CDFI CEOs, Institute for Entrepreneurial Leadership (IFEL), NAWBO National, The Women Entrepreneur Leadership Lab, Veteran Women’s Enterprise Center (VWEC), Women Impacting Public Policy (WIPP), and Women of Color Connecting!

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