Costello Research Corporate Finance

Bridging the information gap between HQ and the local level is one of the main challenges for consolidated companies. In a forthcoming paper in Management Science, Barbara Su, assistant professor of accounting at Costello, explores how multi-bank holding companies rely on internal accounting information as a complement to financial performance, to help them make intramural investment decisions.

Air quality standards do more than reduce pollution for noncompliant counties; they increase the cost of funding public infrastructure like schools, hospitals, and roads.

The 2008 financial crisis cast a pall of pessimism over veteran CEOs that took three years to lift. David Koo, assistant professor of accounting, has found that memories of past recessions, triggered by recent ones, can weigh on chief executives’ decisions, literally for years.

Under the supervision of Costello professor Derek Horstmeyer, student-driven research insights are raising eyebrows among employers—and readers of major newspapers.

Financially troubled U.S. hospitals are petitioning for more support from the federal government, but handouts won’t fix the underlying problem.

Kelly Wentland, an accounting professor at the George Mason University School of Business, recently published a paper in Management Science that further specifies and quantifies firm response to tax uncertainty.