Two Olin faculty win scholarship awards
Two Olin Business School faculty members — Radhakrishnan Gopalan and Janis Skrastins — received honors at the Indian School of Business’ Centre for Analytical Finance summer conference.
How regulations meant to increase poor, minority lending ultimately backfire
New Olin Business School research has exposed a significant increase in poor customer service, fraud and mis-selling by retail banks in low-to-moderate income areas targeted by the Community Reinvestment Act, especially those with a high minority population.
Home inequity: Study finds income, job rut for millions in U.S.
At a time when evictions and mortgage defaults have been likened to an oncoming tsunami across America, a big-data study of loan-to-value ratios in the wake of the 2007-08 recession carries a cautionary forecast for vexing economic weather ahead: The higher a worker’s outstanding mortgage relative to their home value, the worse their future income growth and job mobility.
Picture this: Employee fraud decreases when they see family photos
Displaying family photos in the workplace cuts down on employee fraud and other unethical behavior, new Washington University in St. Louis research finds.
Elfenbein, Bottom receive award for paper
A paper by Olin Business School’s Hillary Anger Elfenbein and Bill Bottom, along with then-doctoral candidate Daisung Jang, recently was awarded the International Association for Conflict Management Article of the Year for 2018.
Having a higher purpose promotes happiness, lowers stress, survey finds
Having a personal higher purpose promotes well-being, more happiness and even lower stress from the COVID-19 pandemic, according to findings from a new survey by two Washington University in St. Louis researchers from Olin Business School. Also, employees of organizations with higher-purpose statements are happier and prouder of their organizations than are employees at workplaces without a statement, the results show.
Supply chain works better if you previously worked, studied together
Xiumin Martin from the Olin Business School at Washington University in St. Louis was among four researchers who crunched data to find that personal connections between suppliers and vendors particularly improves the efficiency of the supply chain. To be precise, such rapport results in better overall performance, less restrictive and longer-lasting contract terms, and crystallized communication.
Why dreaming at work may be good for your career
Two researchers from Washington University in St. Louis and another from Pontificia Universidad Católica in Chile found that daydreaming carries significant creative benefits, especially for those who identify with their profession and care for the work they do.
How businesses can win more customers by influencing your friends
New research shows marketers could win more customers by offering financial incentives to customers’ friends — providing a reputational boost to customers — than “selfish” financial incentives to customers. A Washington University in St. Louis marketing professor was a co-author on the study.
Eviction moratoriums are incomplete solution
A federal moratorium on evictions is just one piece of the puzzle. Without comprehensive solutions, we could be facing a repeat of the 2007-08 financial crisis, said Radhakrishnan Gopalan, a finance expert at Washington University in St. Louis who has studied the effect of health insurance on home payment delinquency.
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