Doctoral management and mathematics students present research at Lazaridis Research Day

March 6, 2018

Graduate students and postdoctoral fellows from the PhD in Management program including: Accounting; Financial Economics; Marketing; Organizational Behaviour and Human Resource Management; and Supply Chain, Operations and Technology Management; as well as Financial Mathematics will be presenting their research on the fourth floor of Lazaridis Hall on Friday, March 9 from 9:30 a.m. to 1:30 p.m.

Posters will be presented followed by a seminar from 11 a.m. to 12:15 p.m. in LH3094.

The event is open to students and faculty across campus. Light refreshments will be provided.

This event was sponsored by the Lazaridis Institute and the Lazaridis School of Business and Economics.

Seminar

"FinTech and Disruptive Innovation in Financial Services," led by Michael B. Imerman, Theodore A. Lauer Distinguished Professor of Investments and Assistant Professor in the Perella Department of Finance, Lehigh University.

The talk will provide insights into disruptive technological innovation in financial services, or "FinTech". The talk will focus on three aspects: 

1. overview of different functional areas within FinTech with a few in-depth examples of innovation in these areas, including mobile payments, peer-to-peer (P2P) lending, robo-advisors, and online banking; 
2. discussion of the increasing role that data science and analytics are playing in financial services, and more generally in business research. This shift from a theory-based to data-driven philosophy in business and financial modelling has also been critical to the growth and success of FinTech; 
3. potential emerging risks that regulators and financial service professionals are concerned about as this new area continues to mature.

Featured Research

Graduate student research on display during the symposium will include:

The Effects of Conscious and Nonconscious Primes on Productivity

Joanna Andrejkow (Accounting): I explore the effects that conscious and non-conscious goal primes have on employee productivity in an experimental setting and find that productivity can be increased through the use of both conscious and non-conscious primes.

The Dynamics of Information Content of Book Income, Taxable Income, and Cash Flow from Operations: The Effects of Earnings Management and Tax Planning

Yong Chen (Accounting): I investigate the information content contained in accounting earnings, taxable income, and cash flow from operations when firms are engaged in earnings management, tax avoidance, or both.

Income Recovery of Canadian Widows

Sogaolu Moyosore (Economics): Using a multivariate regression model, this study examines the income losses associated with widowhood and maps out the potential income recovery.

Index Tracking with Factor Model

Pan Jiang (Financial Economics): We are going to track index by tracking leading factors so that with a portfolio including less number of stocks we can still achieve neglectable tracking error.

Changes in a Firm's Strategies Following Firm-Specific Distress and Success and the Resulting Financial Impact

Laszlo Z. Nagy (Financial Economics): I construct new models of firm-specific distress and success in order to examine subsequent changes in corporate strategies and their effect on firm financial performance.

Signalling via Stock Splits: Evidence from Short Interest

Paulan van Nes (Financial Economics): This study considers the actions of sophisticated investors to test whether firms use stock splits to provide positive signals to the market.

Testing Relevance of Pitrioski Trading Strategy

Ajay Bandhu (Financial Economics): Test result of a paper under current context and by adding another dimension to analyses by comparing portfolio performance under different portfolio weights scenario of Markowitz and principal component approach.

One Security, Many Markets: Price Discovery Measurement in Multiple Trading Venues

Di Meng (Financial Economics): Test a price discovery model that effectively analyzes information incorporation across a large number of trading venues and analyze how market fragmentation affects price discovery, efficiency, and trading costs.

Pricing Dynamics in the Market for Catastrophe Bonds

Olga Kanj (Financial Economics): We study how the pricing of Catastrophe Bonds changes since their market started to date.

The Movement of Meaning in the Age of Experience

Asfiya Taji (Marketing): This study examines the path of meaning transfer in an empirical context and investigates how changes in advertising modes and company-consumer communication have changed since McCracken (1986) theorized his model.

Dominance-Prestige Model can Predict Outcomes in Buyer-Seller Interactions that Entail Status Asymmetries

Shirish Panchal (Marketing): The social and economic behaviour of low-status individuals towards high-status individuals depend on how (high) status was achieved. This can have implications for market exchanges involving status asymmetries.

Incorporating State-Dependent Correlations in the Basel Risk Weight Function

Bowen Hu (Math Finance): We generalize the classic Vasicek Model by introducing stochastic correlation that varies systematically with the state of the economy.

Modelling the Dependency of Portfolio Losses and Default Probability

Wisdom Avusuglo (Math Finance): This project exposes an error in the transformation commonly used to define potential losses in the literature on PD-LGD dependency modelling. Error implication on risk measures is investigated through the lens of a proposed "correct-transformation."

Work-Family Conflict

Victoria Daniel (OB/HRM): We examined the relationship between destructive marital communication on task performance and emotional exhaustion through irritation.

The Other Side of the Glass Cliff: Women's Acceptance of Precarious Leadership Roles

Shreya Kirolikar (OB/HRM): Drawing on role congruity theory, we suggest women are more likely than men to accept glass cliff positions because precarious leadership positions are more aligned with women's gender roles than stable leadership positions.

Optimizing Distribution and Pricing Strategy for a Cold Chain Enhanced by RFID and Sensor Technologies

Sara Babaee (ODS): We developed a decision-making model for pricing and distribution strategies in cold chain network with updated quality-information of perishable products.