Advancing business and improving society through a world of information.
Technology is integrating with our lives in more ways than ever before, and we're leveraging technology to solve problems, make groundbreaking discoveries and improve our community.
In today’s world of big data, learning from the vast amount of information collected every day is critical for the firms that rely on it for manufacturing, marketing, decision-making and more.
Here in the School of Management, we’re equipping our students with with the skills to understand the technologies — and the business — to use data to inform critical decisions.
School of Management faculty dig deep into all aspects of technology — including big data, artificial intelligence, the internet of things and digital security. Here is a sample of their recent discoveries.
Algorithms have increasingly replaced stock traders over the past few decades, but a new University at Buffalo School of Management study has found that market quality decreases when humans are removed from the equation.
Published in the Journal of Finance, the study analyzed how the New York Stock Exchange was affected after floor trading was suspended in 2020 due to the COVID-19 pandemic. Of the 13 registered exchanges in the U.S., only the NYSE continues to use human floor traders — the rest are 100% electronic.
“The closure of the NYSE trading floor due to COVID led to worse market quality across a variety of measures, including liquidity, price efficiency and auction quality,” says study co-author Dominik Roesch, PhD, associate professor of finance.
Early, enhanced information provided by a 10-K (an annual report required by the SEC about a company’s financial picture) helps investors with risk management, according to new research from the University at Buffalo School of Management.
Published in the Journal of Accounting and Public Policy, the study examines the impact of the risk factor disclosures the Securities and Exchange Commission (SEC) has required since 2005 — and whether those disclosures lessen the chance a firm will experience a large decline in stock returns.
“This research supports the SEC and other regulatory agencies’ drive to increase disclosure. Enhanced disclosure can improve a firm’s information environment, leading to better outcomes for firms and market participants alike,” says study co-author Szu-Yin “Jennifer” Wu, clinical assistant professor of finance.
Increased investment in information technology doesn’t necessarily improve a nation’s economic performance — raising questions about the effectiveness of IT spending — according to new University at Buffalo School of Management research.
Published in Asia Pacific Management review, the study analyzed how IT, along with unemployment and inflation rates, affect a country’s performance and found that the productivity paradox (a slowdown in productivity growth that occurred in the 70s and 80s despite rapid IT development) remains in some developed countries.
“While increased IT spending doesn’t always increase productivity, IT investment can pay off when countries leverage available complementary resources, such as e-commerce, traditional capital and traditional labor,” says the study’s lead author Winston Lin, professor of operations management and strategy.
Accounting standards don’t properly reflect the difference between losses driven by investments and actual business performance shortfalls, according to new University at Buffalo School of Management research.
Published in the Review of Accounting Studies, the study found that Generally Accepted Accounting Principles (GAAP) mask the true value of companies by marking investments in intangibles like technology, brands and human capital as losses.
“This is just another indication of how broken accounting is. We need to treat intangible investments as real economic assets,” says study co-author Feng Gu, chair and professor of accounting and law.
The exploding popularity of programs like ChatGPT has organizations looking closely at how artificial intelligence can be adopted in the workplace, and new University at Buffalo School of Management research reveals that getting employees to use AI depends on two factors: employee attitudes toward the technology and the degree to which they can choose to work with it.
Research from the University at Buffalo School of Management made an impact on new rules adopted by the U.S. Securities and Exchange Commission related to Special Purpose Acquisition Companies (SPACs).
Regulators were concerned that these blank-check companies were misleading investors, and a study from Michael Dambra, the Kenneth W. Colwell Chair of Accounting and Law in the UB School of Management, found that the more revenue growth a company projects when it announces it will be acquired by a SPAC, the more investors buy the SPAC’s stock—and the less likely those projections are to come true.
So Dambra and his study co-authors, Omri Even-Tov, assistant professor of accounting; and Kimberlyn George, PhD candidate, both from the University of California Berkley Haas School of Business, drafted a comment letter to the SEC summarizing their findings. As a result, the SEC removed safe harbor protections for companies that go public via a SPAC, and citied their letter 17 times in their ruling.
Through hands-on opportunities, School of Management students gain practical experience with the technologies that are shaping the future of work.
Our professors bring the latest industry technologies to the classroom, preparing students for leadership roles across industries and organizations across the world.
Here's just one example, as Oracle spotlights how Dominic Sellitto, clinical assistant professor of management science and systems, integrates Oracle Cloud Infrastructure into his MS in Business Analytics coursework to provide students with on-premise-to-cloud connections they’ll need to be familiar with in an enterprise setting.
At a time when demand for COVID-19 vaccinations far outpaced supply, a School of Management team created Vaccine Hound, a website that scours more than 100 other sites to help people find vaccine appointments in Western New York. Natalie Simpson and Sanjukta Smith—chairs of the Operations Management and Strategy and the Management Science and Systems departments, respectively—led the team of faculty and graduate students who developed the critical service.
In our “Experiential IT Projects” course, management information systems (MIS) students apply their skills to business problems facing local companies. Using the agile method, student teams meet with company leaders, brainstorm and evaluate multiple solutions, and ultimately present and implement one of them.
At the GenCyber summer camp, School of Management students help lead area teenagers through hands-on activities designed to encourage them to pursue a career in cybersecurity — a profession that’s growing in demand as government agencies, businesses and other organizations face growing cyberthreats.
In one experiential learning course, students learn the principles of databases and technology consulting—and immediately put that knowledge to practice by working with nonprofits. At the Tool Library, for example, a student team designed and created a system to help the volunteer-run organization better track and manage its donations.
In the classroom, students look at technology from multiple perspectives and gain a deeper understanding of its impact on business strategy and operations.
The School of Management works collaboratively across campus — and the nation — to help develop technology solutions and prepare the next generation of industry professionals.
Our partners include:
To spark conversation and inspire innovation, we bring thought leaders from around the country to campus to discuss business analytics.