News & Events

Lack of competition lets them gouge consumers, underpay workers and invest too little.

By combing through 23 years of overnight stock-trading history, Michigan Ross Professor Reuven Lehavy and two California researchers have uncovered a method of measuring the impact of investor sentiment on individual companies.

Will automation lead to the death of accountants? U-M Professor Cathy Shakespeare says no. Though basic bookkeeping can be handled by software, there’s still a strong need for well-trained accountants who can interpret the results.