By Nathaniel Luce
Dean M. Eric Johnson announced that Joshua T. White, Assistant Professor of Finance, has been awarded a Brownlee O. Currey Jr. Dean’s Faculty Fellowship, joining Kejia Hu, Assistant Professor of Operations Management, whose term as a fellow has been extended.
The fellowships, funded by Brownlee O. Currey Jr., recognize rising junior professors whose research is having significant impact. Recipients hold the fellowship for a 2-year term, which carries support for research activities. “We are grateful for the Currey family supporting this important recognition,” said Dean Johnson.
Professor White studies how information asymmetries and divergent incentives among capital market participants affect corporate actions and firm value. White’s work focuses on the role of disclosure and securities regulation in addressing information disparities and has been featured in recent retail investing stories like the GameStop stock “short squeeze” that captured the attention of the world. In that case, the seemingly failing retailer’s share price soared by hundreds of dollars only to fall just as spectacularly within two weeks’ time. It also pitted establishment Wall Streeters against a Reddit-organized group of lay investors trading on the Robinhood platform.
Kejia Hu is an empiricist in operations management with particular interests in service management and sustainability management. Her scholarship investigates consumer retrial by connecting customers’ decisions with their preferences on service aspects: the speed in service access and the quality in service delivered. Hu also studies product life cycle (PLC) curves from historical demand data for use in forecasting demand of ready-to-launch new products. Her work on nitrogen oxide (NOx) emissions and regulations in the automobile industry found that tighter NOx standards led to a higher probability of misconduct, a particularly important revelation in the wake of Volkswagen’s emission scandal.
“We are committed to supporting our junior faculty and excited to see how these fellowships will increase the impact Professors Hu and White have on their respective fields,” Johnson said.