From job security to retirement savings — amid the COVID-19 pandemic, second to health concerns are Americans’ anxieties over their individual finances.
Five University of Kentucky alumni are putting their degrees to work by showing support for front-line workers and local restaurants. With backgrounds in business and medicine, Michael Zhu, Jodi Llanora, Kyle Luo, Logan Jones and John Stein refused to feel helpless in the fight against COVID-19.
Kristine Hankins presented "Do Firms Hedge During Distress?" at the University of Colorado - Boulder on February 14. The paper is co-authored with Heitor Almeida (Illinois, NBER) and Ryan Williams (Arizona). Hankins is the William E. Seale Professor and Associate Professor of Finance at the University of Kentucky. Her research interests include corporate finance, corporate risk management, and methodology issues and she is a prior winner of the Jensen Prize.
Four Pelissier Scholars and finance majors, Bryce Kushner, Andrew Buskill, Connor McKee, and Graham Sparks (pictured L-R), recently passed the December 2019 CFA (Chartered Financial Analyst) Level I Exam, which had a pass rate of 42 percent.
Kristine Hankins’ article, “Why Are Companies Sitting on So Much Cash?”, co-authored with Mitchell Petersen (Northwestern), was published in the Harvard Business Review.
University of Kentucky long snapper Blake Best has been named to the College Sports Information Directors of America (CoSIDA) Academic All-America first team.
Will Gerken and former PhD student, Marc Painter were mentioned in the Wall Street Journal. Painter also presented the paper at Columbia Business School.
On Friday, September 13, Kristine Hankins presented "Corporate Responses to Stock Price Fragillity" (co-authored with Richard Friberg, Stockholm School of Economics, and Itay Goldstein, Wharton School of the University of Pennsylvania) at Syracuse University.
Gatton's Department of Finance and Quantitative Methods has launched an exciting new opportunity for first-year students. Wall Street Scholars is a competitive experience open to no more than 30 freshmen students. It includes an accelerated curriculum enhanced by co-curricular activities and soft skill development. The experience is open to first-year students who would consider choosing or adding finance as a pre-major, major, or co-major.
Will Gerken was cited by SEC commissioner Robert Jackson in his public statement on the Final Rules Governing Investment Advice Regulation Best Interest (Reg BI). In it, Jackson states that, "The well-known study shows that conflicted advice is the kind that leads to fraud that can hurt investors."