Gies News Articles
Feb 19
STUDY: Retail app outage has surprising impact on in-store shopping and customer behavior
Gies Professor Unnati Narang studied an app outage, which cost the retailer $1.08 million in lost revenue and additional potential losses. She found the mobile outage actually decreased in-store shopping, highlighting the importance of mobile apps for product search in the retail experience.
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Feb 11
PODCAST: Professor Oscar Ybarra on workplace wellness, psychology in business
Oscar Ybarra is passionate about finding the answers to questions that impact our daily lives, and he has co-authored a new study on workplace well-being
Feb 10
Study reveals online donations drop when government signals support
Many nonprofits are turning to online crowdfunding platforms to appeal to potential donors; however, a recent study has shown that when government funding becomes available, giving levels often drop.
Feb 05
Southern California grapples with economic fallout from historic wildfires
Experts from Gies College of Business warn that the road to recovery will be long, with significant challenges to the local economy, housing market, and insurance industry.
Feb 03
Wildfires affecting lives even a thousand miles away
A study out of the University of Illinois Gies College of Business details the health risks posed by smoke plumes that have traveled across the country in the days following wildfires.
Jan 28
AI regulations and their mixed impact on business
Gies accounting faculty William Ciconte, Andrea M. Rozario, and Oktay Urcan recently completed studies on the mixed impact that AI regulation has had on the business sector.
Jan 21
New report from Gies College of Business reveals more employees are languishing than flourishing at work
Data from new study reveal that many employees are not thriving: 57% of respondents report languishing at work, while 43% report flourishing.
Jan 16
Gies researchers cited in latest CBO Climate Change Report
The CBO estimates that the under the likely scenario (a three-degree warming trend), the GDP will decrease by four percent, wildfires would be five times greater, and damage from routine flooding would total $250 billion.
Jan 13
Board gender diversity improves investment efficiency for companies
Researchers collected data on nearly 36,000 companies between 1999 and 2021, and their study shows that investment efficiency improved in firms where the country is implementing board gender diversity interventions.
Jan 06
Gies researcher uses novel approach to uncover prevalence of earnings manipulation
Results of a list experiment suggest that executives from 12.4% of Russell 3000 companies may have committed financial statement fraud at least once in the last five years.
Dec 19
New model helps e-commerce platforms decide whether to dump underperforming products
Online retail platforms are increasingly becoming a dumping ground for low-quality products, but new research from a team of Gies scholars points to a new model that would allow e-commerce platforms to proactively identify potentially dubious products for removal.
Dec 16
Arkadiy Sakhartov wins 2024 ISOI Best Paper Award
Gies Professor Arkadiy Sakhartov was named the recipient of the 2024 Illinois Strategic Organizations Initiative (ISOI) Best Paper Award for his article “Corporate Diversification and Risk: Portfolio Effects and Resource Redeployability” that was published in Strategy Science in 2022.