Even if an audit firm follows all the standards for a high-quality audit, they can be sued if their client believes the firm made a mistake. This can include errors, fraud, or miscommunication. And that can be a big financial risk for audit firms.
Gies research reveals that crowd-sourced fact-checking can effectively curb misinformation, as users are more likely to retract false or misleading tweets when peer-reviewed corrections are added.
Gies Professor Joseph Cheng is leading initiatives to support startup success through commercialization training, policy summits, and a pilot study. His efforts aim to reduce failure rates and boost economic growth.
Professor Olga Khessina’s paper focuses on high-velocity markets, characterized by rapid rates of product change and turnover. The research examined the relationship between the names of optical disk drives and their success in the marketplace.
In the last five years, Gies has masterfully designed a suite of stackable educational degrees, where students can take a course and then apply that credit to the College's highly regarded iMBA or other certificate programs.
To acknowledge his leadership and expertise in business taxation and financial reporting, Gies College of Business at the University of Illinois celebrated the investiture of Michael Donohoe as the Irwin Jecha Distinguished Professor in Accountancy.
Just as building sets are designed to encourage open-ended exploration and problem- solving, stackable courses provide the flexibility for students to learn at their own pace. They foster the exploration of new ideas and subjects that lead to problem-solving.
Professor of business administration and Vernon Zimmerman Faculty Fellow Denise Lewin Loyd discusses about the importance of diversity within teams - and how research shows it's not just the right way to go, but the best way to go.
In what may be the first ever systematic study looking at the likelihood of survival of ventures from all five knowledge sources, Gies professors Sonali Shah and Shinjinee Chattopadhyay examine the world of medical imaging and unpack how an origin story can predict if a company will stand the test of time.
W. Brooke Elliott is poised to shape the future of business education in her new role as dean of the University of Illinois’ Gies College of Business and the first woman to hold this position in the college's century-old history.
Recognizing the need for a more dynamic and accessible approach to business education, Gies College of Business is shattering the mold by offering stackable credentials that empower learners to build their skillset progressively, at their own pace.
You might expect that managers at local stores know best about how to price products to improve sales revenue locally, but new research by Gies professor Iris Wang suggests that may not always be the case.