The research centers and institutes at the DeGroote School of Business rank among the world’s best, and our students — both graduate and undergraduate — reap the benefits of these first-class facilities while they learn from some of the country’s finest researchers and educators.
DeGroote faculty have studied extensively nationally and internationally, bringing their wide variety of experiences and backgrounds to the School of Business success story.
There is a need, and an opportunity, for rigorous and broad-based interdisciplinary research that investigates the creation of value in an enterprise. Such areas include traditional valuation metrics as well as new approaches to the valuation of the development of human capital, product development and innovation, brand development, reputation, customer development, societal and environmental impact, leadership, and crisis management. The Institute will provide future and, indeed, current business professionals with the techniques and expertise to understand and assess business strategies and the tangible and intangible assets that contribute to their value more fully.
The former AIC Institute for Strategic Business Studies in 2007 issued a call for proposals to faculty to conduct scholarly research into the content and process of defining, creating and measuring value in an enterprise. Perspectives and methodologies that go beyond traditional business valuation models and are not anchored in any one specific discipline were encouraged. Recent working papers by DeGroote School of Business faculty and PhD students along this line of research are provided below.
Working Paper Series in Strategic Business Valuation
Michael Lee-Chin & Family Institute for Strategic Business Studies Working Paper Series
This working paper series presents original contributions focused on the theme of creation and measurement of value in business enterprises and organizations.
This paper uses the staggered difference-in-differences design to investigate the effects of the low-carbon city pilot (LCCP) policy on the cost and underlying mechanisms of debt financing for enterprises. Our findings show that the LCCP significantly decreases the debt cost of enterprises through enhancements in Environmental, Social, and Governance (ESG) performance and the reduction of […]
Biodiversity loss is increasingly recognized as a material financial risk to firms, yet little is known about how biodiversity-related exposure affects the way capital markets process earnings disclosures.We examine whether corporate biodiversity exposure (CBE), defined as the extent to which a firm’s polluting facilities are located near conservation priority areas, shapes investors’ responses to earnings […]
We propose a parsimonious framework to analyze the optimal asset allocation problem for a mean–variance investor who incorporates options into the portfolio. Building on the key insight that risk-neutral volatility often differs from physical volatility, we derive closed-form expressions for the optimal portfolio weights with options. The resulting economic gains are substantial and remain robust […]
