FIU Business professor Shahid Hamid, chair of the Department of Finance, reinforced his commitment to scholarship at FIU Business with a $45,000 gift. “I truly believe that we all have to give something back,” Hamid said at a surprise party in his honor in September 2019. The gift may be renewed in the future. A […]
Tag: Department of Finance
FIU Business uses international network to bring face masks to South Florida hospitals.
A continuing effort to help South Florida hospitals fight the COVID-19 battle has led to the donation of tens of thousands of face masks by FIU faculty and alumni. Professor Qiang Kang and his wife Jing Xue led a grass roots effort to collect the critically needed masks for South Florida hospitals, and received donations […]
Suchi Mishra, finance whiz and trailblazing professor
By Ashley Nicole Garcia, Office to Advance Women, Equity & Diversity Suchismita Mishra, professor of finance in the College of Business, is a trailblazer in more ways than one. Mishra has had a fondness for mathematics and statistics since childhood. Her father was an economist who worked in the state’s financial services for the Indian government […]
Insurance industry CEO pay tied more closely to firm performance following the financial crisis.
Compensation packages for insurance industry CEOs changed in the wake of the 2008 financial crisis, with bonuses reduced and other incentives increased, according to a new study from FIU Business. Total CEO compensation was positively related to return on assets (ROA) and firm size both before and after the financial crisis, the study found. However, […]
With a new class and a $300,000 investment, FIU Business students prepare to enter the bond market.
FIU Business students who aspire to work as bond traders/analysts – some of Wall Street’s most demanding jobs — will have an opportunity to build their skills using real research and real money, thanks to a new class featuring a $300,000 investment from Florida International University. This spring marks the start of the new Student […]
SEOs increase stock price volatility and reduce profit predictability, Florida International University study reveals.
The lack of post-SEO consensus among investors makes a stock price increasingly volatile and can result in bad news for shareholders, according to a new study from Florida International University’s College of Business (FIU Business). But rather than live with volatility, investors can—and should—demand more disclosure from companies, and companies should proactively provide greater clarity […]
Timing manufacturing stocks delivers for hedge funds, a Florida International University study reveals
Hedge funds that time the market ahead of positive and negative news within the manufacturing industry outperform competitors, research from FIU Business finds. The study found that timing the market ahead of positive and negative news within specific industries, versus overall market timing, pays off for skilled hedge fund managers and, ultimately, their investors. The […]
State of Florida renews certification of FIU-led hurricane loss model.
The FIU-led Florida Public Hurricane Loss Model (FPHLM), a joint project with four other universities, was recertified by the State of Florida for the next two years. The innovative FPHLM is used to calculate the financial and insurance impact of hurricanes. It is the State of Florida’s benchmark for evaluating the financial risks faced by […]
FIU Business finance professor reveals the best time to invest in hedge funds.
The best time to allocate money to hedge funds is beginning in the third quarter – and it’s best to maintain those investments through June 30 of the following year – reveals new research from Mustafa Caglayan, associate professor in the FIU Business Department of Finance. The study found that hedge funds, in contrast to […]
U.S. loses $3.1 trillion of taxable profits through international trade, FIU Business professor Zdanowicz research reveals.
Tax evasion strategies in international trade have cost the U.S. government more than $3.1 trillion in taxable income, reveals updated research from Florida International University College of Business professor John Zdanowicz. A fraud expert, Zdanowicz conducted an in-depth computer analysis of U.S. customs data from 2003 to 2017. In the most current study, figures from […]