News
Business Week features study coauthored by SBA Professor John Bizjak
An article titled "Hiding behind their hedges: How some executives are selling their companies short" which appeared in the March 8, 2010 issue of Business Week describes the results of a study John Bizjak coauthored with Carr Bettis of the forensic accounting firm Gradient Analytics. The study has found that in the year after executives and directors had engaged in hedging, their company's stock often dropped markedly. They also found evidence of an increase in financial restatements and shareholder lawsuits during the same period.
Read more about Dr. Bizjak and his research on his profile page.
