3/27
Penn in the News
A round-up of Penn mentions in local, national, and international media.
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Penn In the News
Meta unfriends the news industry in growing rift with publishers
Pinar Yildirim of the Wharton School says that news isn’t as monetizable as content like fashion, which can link to shoppable products.
Penn In the News
ESG investment returns face a slowdown
Robert Stambaugh and Lucian Taylor of the Wharton School co-write that environmentally friendly stocks have tended to outperform others but that past performance is the opposite of what to expect in the future.
Penn In the News
Illumina can survive loss of chair and CEO, says biotech group’s board director
Jill Fisch of Penn Carey Law says that a close relationship between CEO and chair can cause a company to lose the benefit of independent oversight.
Penn In the News
Can artificial intelligence deliver real learning at business school?
Christian Terwiesch of the Wharton School found that ChatGPT was able to pass the final exam for the MBA, scoring between B- and B on the Operations Management Course.
Penn In the News
American mockery of Britain masks a deeper insecurity
Jed Esty of the School of Arts & Sciences says that Americans use Britain as a metaphor, a cultural projection of American anxiety.
Penn In the News
Three failed U.S. banks had one thing in common: KPMG
Francine McKenna of the Wharton School comments on the dubious nature of KPMG’s approval of three financial statements for soon-to-fail banks.
Penn In the News
S&P criticized by pension funds over dual-class shares decision
Jill Fisch of Penn Carey Law says that S&P’s prohibition on dual-class shares in 2017 has not deterred companies from going public with the structure in recent years.
Penn In the News
Long-lived rivals: Actuaries say Biden and Trump are not too old for office
Samuel Preston of the School of Arts & Sciences says that Donald Trump being three-and-a-half years younger than Joe Biden equates to a 30% lower annual probability of death, though that advantage would be offset by Trump’s higher BMI.
Penn In the News
Jay Powell and Janet Yellen struggle to calm nerves in banking crisis
Christina Skinner of the Wharton School says that statements by Federal Reserve Chair Jay Powell and Treasury Secretary Janet Yellen have the same objective: quelling panic and runs.
Penn In the News
#GoWokeGoBroke: really?
According to a 2014 meta-analysis by Katherine Klein of the Wharton School, studies indicated that there was no business case for or against appointing women to corporate boards.