Tellis, Schöler and Skiera
studied financial innovations during the recent financial crisis.
Not exact matches
As our
study has consistently shown over the past eight years, there is no long - term correlation between the amount of money a company spends on its
innovation efforts and its overall
financial performance; instead, what matters is how companies use that money and other resources, as well as the quality of their talent, processes, and decision making.
Using an event
study and
financial expert ratings, the authors analyzed the types of
innovations and returns on 428
financial innovations by 39 major banks in North America and Western Europe between 2001 and 2010.
While the negative impact of
financial innovation has been extensively covered, a new
study of
financial innovations before and during the last
financial crisis indicates that
financial innovations are not all bad.
The
study by Gerard J. Tellis, professor, director of the Center for Global Innovation and Neely Professor of American Enterprise at USC Marshall School of Business and his colleagues, Lisa Schöler and Bernd Skiera at the Goethe University Frankfurt in Germany, is titled «Stock Market Returns to
Financial Innovations Before and During the
Financial Crisis in the U.S. and Europe.»
In a
study conducted in 2003, Orlando Richard, a professor of management at the University of Texas at Dallas, and his colleagues surveyed executives at 177 national banks in the U.S., then put together a database comparing
financial performance, racial diversity and the emphasis the bank presidents put on
innovation.
Prior to joining EPIC, Greg worked with
Innovations for Poverty Action as a Research Associate on multiple development economics
studies in Uganda and as a Policy Associate working on issues of
financial inclusion in New Haven, CT..
For example, in September 2016, the Ontario Securities Commission introduced LaunchPad to provide a «modern approach» to security regulations for FinTech businesses and in May 2016, the Competition Bureau launched a FinTech market
study to review, among other things, how
innovation is affecting the way consumers and businesses use
financial products and.
It is going to be a fascinating real - life
study to watch emCash being used alongside the Dirham and to see what other
financial innovations will spin off this daring move.
On December 14, 2017, the Competition Bureau (Bureau) released its final report on its market
study into technology - led
innovation in the Canadian
financial services (Fintech) sector.