Smith Research

Russ Wermers, Smith professor and director of Smith’s Center for Financial Policy, introduces the Holding Horizon (H-H) measure, linking mutual fund managers' long-term stock holdings to superior risk-adjusted returns. The research highlights that skilled long-horizon managers outperform, offering…

Pretrial detention often imposes severe financial burdens on defendants and their households, increasing bankruptcy, foreclosure and insolvency rates, especially during housing downturns. Research by Pablo Slutzky, assistant professor of finance at the University of Maryland’s Smith School,…

New research from Sean Cao at the University of Maryland’s Smith School shows that AI and human stock analysts complement each other. AI excels in processing large data, while humans outperform in complex, intangible contexts. Combining both reduces errors and improves predictions.

Smith professors Raghu Raghavan and Bruce Golden's research on Urban Air Mobility (UAM) explores routing and scheduling challenges for electric flying taxis. Their study addresses passenger demand, battery management, and real-world logistics, aiming to maximize transport efficiency in future smart…

New research by Hui Liao at the Smith School reveals that obsessive passion in teams can stifle innovation by hindering reflection and flexibility. In contrast, harmonious passion promotes team reflexivity and fosters greater innovation.

Self-preferencing by large tech companies, like Amazon, faces scrutiny, with Congress considering the AICOA and OAMA bills to restrict the practice. Research by Smith professor Bobby Zhou suggests these regulations could unintentionally raise consumer prices by reducing competition between sellers.

The Smith School's Reuben Hurst finds that flatter hierarchies, though promoting collaboration, may reduce gender diversity in job applicants. His study shows such structures lead to fewer women applying for jobs.

Debra Shapiro's research examines social justice advocacy in workplaces. The study finds support varies based on whether the advocate is an ally or a disadvantaged group advocate, influenced by the appeal receiver's identification with the group.

Associate Professor Nick Seybert’s research highlights the impact of “rule-bender” language in job postings on applicant quality. Employers using keywords like “ambitious” and “thinks outside the box” may attract narcissistic applicants prone to unethical behavior, especially in accounting.

The Smith School's Michael C. Fu explores efficient escalator use in crowded transit hubs, challenging conventional "walk left, stand right" etiquette with findings favoring flexible lane access to balance passenger flow.