Andy Puckett, associate professor of finance and Paul and Beverly Castagna Professor in Investments, wanted to examine a common assumption about corporate structure—because owners of the firms are separate from those who manage the day-to-day operations, the managers don’t have as much at stake if the business fails.
Andy Puckett News
A paper co-authored by Andy Puckett, associate professor of finance, about chief executive officers who shirk their responsibilities and avoid the hard work required to do an excellent job was recently published in the Harvard Law School Forum on Corporate Governance and Financial Regulation. The paper, “Fore! An Analysis of CEO Shirking,” was subsequently picked up
Chief executive officers who engage in unethical conduct for their own personal benefit tend to be part of firms that participate in other forms of corporate misbehavior, according to a new study from UT. They also are more likely to lose their jobs and their firms are more likely to experience dramatic declines in value during market downturns, the research shows.
Get to know Mohammed Mohsin and Andy Puckett from the College of Business Administration. Mohsin is an associate professor of economics. Puckett is an associate professor of finance.