Research Briefs

Incorporating Heat Risk into Asset Pricing

November 2022 — New research from Chazen Senior Scholar Suresh Sundaresan shows that the increasing frequency of heat waves proves to be the most significant economic cost affecting asset prices and the cost of borrowing.

Sharing Possessions in a Global Pandemic

August 2022 — In “Cross-Cultural Effects of the COVID-19 Pandemic on Willingness to Share Possessions,” Chazen Senior Scholar Gita Johar and Columbia Business School PhD candidate Maayan Malter show that the degree to which consumers were willing to share their possessions with others during the pandemic depended on where they lived.

What Happens When CSR Is Mandated?

January 2022 — In “Does Mandated Corporate Social Responsibility Crowd Out Voluntary Corporate Social Responsibility?” Chazen Senior Scholar Shivaram Rajgopal and Indian School of Business Professor Prasanna Tantri find that the move from a voluntary activity to a compliance exercise has had an unintended effect on corporate philanthropy in India.

Selling Government Bonds: Why Auction Format Matters

September 2020 — In “Underwriting Government Debt Auctions: Auction Choice and Information Production,” Suresh Sundaresan, Chazen Senior Scholar at Columbia Business School, and co-authors from Fordham University and New York University’s Leonard N. Stern School of Business examine a novel, two-stage process for selling government securities.