Costello Research Risk Management

In his award-winning dissertation, now a published paper, George Mason University accounting professor Steven Maex reveals that privacy laws such as the European Union’s GDPR can spur firms to improve how they manage one of their most valuable assets: their data.

The widely used machine-learning technique known as LASSO relegates smaller market events to an ignored “inactive zone”. How can that be a good thing for ambitious asset traders? Bo Hu, assistant professor of finance, explores the logic (and illogic) behind LASSO’s popularity and power.

Co-owned companies are more likely to use the same audit firm. This has positive implications for institutional investors and the market as a whole, according to Young Hoon Kim, assistant professor of accounting at Costello.

Bridging the information gap between HQ and the local level is one of the main challenges for consolidated companies. In a forthcoming paper in Management Science, Barbara Su, assistant professor of accounting at Costello, explores how multi-bank holding companies rely on internal accounting information as a complement to financial performance, to help them make intramural investment decisions.

Air quality standards do more than reduce pollution for noncompliant counties; they increase the cost of funding public infrastructure like schools, hospitals, and roads.

It’s no surprise that short-selling carries heavy weight on Wall Street. But next to nothing has been known about the agent lenders from whom short-sellers borrow their shares—until now.

Auditors with less common first names are more likely to deviate from auditing norms. But is their individualism an asset or a liability?

To predict how a CEO’s compensation may change through the years, you first need to know how corporate boards monitor earnings histories for potential long-term risks.

Companies looking to bend reporting rules need to find accountants who will play ball. That’s why job postings can be a reliable indicator of intent.

Sure, laid-off journalists can “learn to code”, but that won’t undo the damage done to local economies when their hometown newspaper folds.