Study shows specific guidelines help auditors overcome 'attraction effect' influences in fair value assumptions
Auditing a company’s financial statement often requires verifying the value of a company’s investments. Financial Accounting Standards Board (FASB) rules require that such investments are
disclosed at “fair value,” calculated by measuring assets and liabilities at estimates of their current value.
Forever investors boost shareholder return
Finance professor Sattar Mansi co-authored a recent study that examined the effect on corporate decision making of investors with long-term investment horizons — i.e., investors who intend to hold on to their investments for more than a year and trade infrequently.
Specifically, Mansi and his co-authors looked at two questions: whether long-term investors improve a firm’s managerial decision making and, if so, whether this generates better returns for shareholders. Read more
Evening MBA leads to J&J power career
Gita Srinivasan (M.S., CHEM ’93; MBA ’98) credits the Virginia Tech MBA program with jump-starting her successful 16-year career as a portfolio and project manager for Depuy Synthes, Johnson & Johnson—a leading medical device healthcare franchise—where she is
responsible for managing complex and global software initiatives. Read more
Evening MBA students visit Scandinavian companies that put concepts in motion
Twenty-six graduate students from Virginia Tech’s Evening MBA program in the National Capital Region are visiting multinational companies in
Scandinavia to get a real world look at how businesses apply the operations and supply chain concepts the students have studied and discussed
in the classroom.