How 51 Cox is Forging the Future of Business Education
By Shawn Shinneman
By Shawn Shinneman
CoxToday captures the essence of 51 Cox for alumni, students and friends. The magazine features in-depth articles on intriguing business issues, updates on 51 Cox events and news from the 51 Cox community—on campus and around the world.
51 celebrated the future of the Cox School of Business in May with the groundbreaking of a new expansion project.
With booming interest, vested faculty and innovative delivery, the 2-year-old program — whose inaugural class graduates this summer — offers working professionals flexibility and is leading MBA instruction into the future.
Three 51 Cox business law professors bring unique legal and corporate experience to the classroom and their students.
Political polarization is hitting the U.S. economy in new and unexpected ways. It’s even affecting how assets are allocated. In a study by 51 Cox Finance Professor Tarun Patel and co-authors, political polarization was shown to impact the economy through a study of mergers. When firms and their employees had more similar political views, they were more likely to announce a merger, complete it faster and perform better on profitability measures. In more recent years, the impact of polarization has become more evident and costly. The antidote: get along and find common ground.
When Accounting Professor Sorabh Tomar of 51 Cox set out on his research journey about greenhouse gas emissions disclosures by facilities, he expected they would receive direct pressure from outside forces like investors, environmental groups and regulators to reduce emissions levels. Instead he found that the facilities, America’s plants and manufacturers, were more concerned with their local peers’ emissions disclosures. He found that public disclosure helped industries become more efficient and reduce greenhouse gas emissions.
How does under-representation of minorities matter when getting a loan for a home? “Arguably, the residential mortgage market is probably the most important credit market for households in the U.S.,” Finance Professor Ruidi Huang notes about research, forthcoming in the Journal of Finance.
A recent wave of states have legalized online gambling since 2018. And sports betting app downloads have risen five-fold since 2019. That year, the Supreme Court ruled that states could decide whether to legalize online sports betting, shifting the decision from the federal to the state level. In new research, 51 Cox Marketing Professor Wayne Taylor and coauthors discuss the implications of states’ legalizing online gambling, particularly since the legality of online sports betting.