The School of Business and Economics will have its second brown bag lunch research seminar from noon – 1:00 p.m. on Wednesday, April 13, in Academic Office Building 101. Associate Professor of Management, Manish Srivistava will present his latest research breakthrough.
Title: Firm Risk and Market Valuation: A Reexamination Using Quantile Regression
Despite a very long history the relationship between firm risk and market value of firms is poorly understood. Some of the prior research have shown a positive relationship, others have found a negative relationship, while still others have found no relationship. Considering the inconsistency of these findings, in this research, we reexamine this relationship using quantile regression and make an attempt to reconcile some of the contradictory findings.