Our new season of BizTalks commenced on March 12 to showcase our faculty’s insightful research findings in a friendly language accessible to general readers.
With “Lending and Investments” as its theme, the first event featured Assistant Professors Arthur MORRIS (Department of Accounting) and Sunny HUANG Yangguang (Department of Economics).
Prof. Morris is interested in understanding how credit crises spread through the real economy. His talk, entitled “An Unexpected Way that Defaults Impact Other Borrowers”, provided evidence that financial shocks to lenders would influence the composition of financial covenants in debt contracts. Learn more about his research here.
In the product market, it is inevitable for innovators to compete against each other. Prof. Huang investigates how a profit-maximizing principal should properly allocate limited resources to support the innovations of multiple potentially competing innovators. Learn more here about the topic “How to Spread Your Chips among Competing Innovations?” with Prof. Huang.