The timing of stock trades can be as important as the choice of equities to buy or sell. When trading volume is low, large purchases can drive up a stock’s price, raising costs for the trader. A working paper from the National Bureau of Economic Research by Associate Professor of Finance Ruslan Goyenko finds that returns associated with trade timing are substantial—they can impact returns as much as stock selection itself.
Cynthia Price Verreault (BCom’82) has been appointed ۲ݮƵ’s first Deputy Chancellor. In this new role, she will support the Chancellor, President, and Board of Governors. Throughout her two-year term, Price Verreault will offer counsel and play a key role in representing the University at events and high-level meetings.“We are delighted that someone with as deep a knowledge of the institution as Ms. Price Verreault has will be working alongside our new Chancellor, Pierre Boivin,” says Maryse Bertrand, Chair of the ۲ݮƵ Board of Governors.
In 2023, ۲ݮƵ launched 28 research-based startup companies—all headquartered in Quebec. This is the highest number among universities in North America, according to AUTM, a Washington, DC-based non-profit focused on technology transfer. ۲ݮƵ’s research-based startups cover a wide range of academic expertise but are particularly concentrated in medical technologies and the life sciences. At ۲ݮƵ Desautels, the Dobson Centre for Entrepreneurship (which awards the Dobson Cup), acts as a hub of entrepreneurial activity.
Job seekers put their resumes out there to be judged by potential employers, but the evaluation goes both ways, says Lisa Cohen, Associate Professor of Organizational Behaviour at ۲ݮƵ Desautels. “Candidates talk to other candidates,” Cohen tells The Globe and Mail.
When howler monkeys swing from branch to branch in the canopy of Costa Rica’s forests, they sometimes encounter a deadly hazard: power lines. An app developed by ۲ݮƵ and Associate Professor Juan Camilo Serpa, who spearheads the Costa Rica Experiential Learning Course and Study Trip, is helping identify the hot spots where electrocutions occur.
For Ashley Farrington (BCom’21), short-term sacrifices are worth it if they pay out as long-term gains. The 24-year-old auditor with KPMG in Bermuda has earned some early career returns for her efforts and was recently named a Rising Star by The Bermudian. She aims to become an empathetic leader who is both approachable and decisive. “I want to be someone who has wedged her foot in the door to bring other women up with her,” says Farrington.
When working for a Big Four accounting firm early in her career, Sheila Vokey (BCom’84)—now President and CEO of the responsible investing firm Central 1—saw senior managers struggle to balance work and family life and decided on a different approach. After stints at the Metropolitan Life Insurance Company, the Bank of Canada, and Payments Canada, Vokey headed west to Vancouver to become CFO at Central 1, where she has been an advocate of remote work and work-life balance ever since.
Automation is a threat to many different jobs, and some have called for a ‘robot tax’ that could help offset some of the effects of the associated job losses. But this type of solution risks stifling innovation writes Assistant Professor Sanjith Gopalakrishnan in Canadian Manufacturing. Gopalakrishnan points to the Indian state of Kerala as a cautionary tale. It had one of the world’s first democratically elected communist governments, which implemented a system called nokku kooli.
Wind has been powering the economy for centuries. Long before giant aluminum windmills were fed into the electric grid, wind filled the sails of ships plying the open seas. French businessman Guillaume Le Grand wants to bring back wind-powered shipping, and his company is already shipping French goods to North America that way. However, the approach will work better for some products than others, according to Vice-Dean of Faculty Saibal Ray.
Good gravy! Quebec’s rotisserie chicken chain St-Hubert has frozen prices for all main courses on its menu and reduced prices on appetizers–all while maintaining portion sizes. This is part of a broader trend toward value in quick-service restaurants. “Food price inflation has hit both grocery stores and restaurants, but it’s more noticeable in restaurants,” Associate Professor Yu Ma tells CTV News. “There is the cost of food, but also labour, taxes, and tips.
Writing in the early 19th century, the introspective British poet William Wordsworth coined the phrase ‘spots of time’ to describe the moments that are especially memorable and influential in one’s life. Reflecting on the importance of such moments can help leaders thrive in the 21st century. This self-reflection is an integral part of the , which offers its second module, the Analytical Mindset, at ۲ݮƵ Desautels.
Since its founding in 1988, the ۲ݮƵ Dobson Centre for Entrepreneurship has supported thousands of ventures, helping create over 10,000 new jobs and raising $3.7 billion in funding. It consistently ranks among the world’s top university innovation ecosystems, including the lates rankings from New Ignition Schools. Sponsored by the magazines Inc. and Fast Company, the rankings chose the top 50 university innovation and entrepreneurship ecosystems.
Post-secondary students are at the cusp of earning professional incomes, making it important for them to begin developing good financial habits, says Benjamin Croitoru on a podcast with Moolala. Croitoru is an Associate Professor of Finance and the Academic Director of the ۲ݮƵ Personal Finance Essentials, a free, online course offered in collaboration with RBC Future Launch and The Globe and Mail.
For nearly 20 years, Elliot Lifson, C.M., O.Q., has played an important role in uplifting the ۲ݮƵ Desautels community as a professor of practice and a member of both the Bensadoun School of Retail Management Advisory Board and the Desautels International Advisory and Advancement Board (DIAAB).
Canada’s eight largest pension funds are big players in the world of institutional investing with more than $1 trillion under management collectively. Pressure is being applied for the funds to invest a greater proportion of their money in Canadian stocks. Yet, 18 per cent of their portfolio is already invested in domestic markets, explains Associate Professor Sebastien Betermier in an interview with Les Affaires.