finance

TIAA-CREF urges companies to report options as expenses

The Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF), the single-biggest pension-fund manager for academe and research, is pushing the companies in which it invests for more complete and clear financial reporting. TIAA-CREF has urged 1,754 major corporations to account for all stock options as expenses in their financial statements, rather than as merely […]

Finance students pass GO!, collect $1,000,000 to invest

Washington State University is lending a group of students $1,000,000 to make money for the school, and with Richard Sias’s expertise, they just might beat the S&P 500 in the process. Sias, professor of finance and the Gary P. Brinson Chair of Investment Management, teaches his students how to understand stocks, portfolios and the market […]

A tough balancing act

The guessing is over. Gov. Gary Locke has signed the 2002–03 budget into law. Now, the university must decide the best strategy for dealing with the upcoming budget cut. There are two methods to address the university’s funding dilemma — cutting the operating budget and increasing tuition. Budget cuts mean fewer services and possibly fewer […]