Desautels Faculty of Management - David Schumacher's Recent Research /desautels/channels_item/186 en Sebastien Betermier and David Schumacher winners of the Best Paper Using EUROFIDAI Daily Data Award /desautels/node/825442 <p><a href="/desautels/sebastien-betermier"><strong>Sebastien Betermier</strong></a> and <a href="/desautels/david-schumacher"><strong>David Schumacher</strong></a> (both Associate Professors in Finance) along with their co-author Ali Shahrad (Assistant Professor, University of Saskatchewan) have won the “Best Paper Using EUROFIDAI Daily Data Award” in 2023 for their research paper titled “Mutual Fund Proliferation and Entry Deterrence”, published in the journal <i>Review of Asset Pricing Studies</i>.</p> Mon, 22 Jan 2024 20:17:35 +0000 Profs Beaumont, Schumacher and Weitzner awarded SSHRC Insight Development Grant /desautels/node/88386 <p>Congratulations to <a href="/desautels/paul-beaumont">Paul Beaumont</a>, <a href="/desautels/david-schumacher">David Schumacher</a> and <a href="/desautels/gregory-weitzner">Gregory Weitzner</a>, who were awarded a 2022-2023 SSHRC Insight Development Grant</p> <p><strong>“Call Me Maybe: Institutional Ownership and Corporate Call Policy”</strong></p> Fri, 14 Apr 2023 19:31:59 +0000 2020 SSHRC Insight Grants awarded /desautels/node/79909 <h4>Congratulations to the Desautels professors who received 2020 SSHRC Insight Grants and Insight Development Grants.</h4> <hr /> <h5>SSHRC Insight Grants</h5> <ul> <li>Professor <a href="/desautels/laurent-barras">Laurent Barras</a> (with Professor <a href="/desautels/david-schumacher">David Schumacher</a>)</li> <li>Professor <a href="/desautels/sebastien-betermier">Sebastien Betermier</a></li> <li>Professor <a href="/desautels/lisa-cohen">Lisa Cohen</a></li></ul> Tue, 23 Feb 2021 23:02:04 +0000 The upside of financial fragility /desautels/node/76762 <p>In two recent studies, Professor <a href="/desautels/david-schumacher" target="_blank"><strong>David Schumacher</strong></a> charts the rise of large asset managers and examines their effect on financial market stability. While market participants have a good reason to be concerned about financial fragility, Professor Schumacher finds that this fragility can actually increase corporate investment. <a href="https://corpgov.law.harvard.edu/2020/12/10/the-fear-and-the-bright-side-of-financial-fragility/" target="_blank">Learn more</a></p> Fri, 11 Dec 2020 19:00:59 +0000 Home Bias Abroad: Domestic Industries and Foreign Portfolio Choice /desautels/node/67967 <p><strong>Authors:</strong> <strong><a href="/desautels/david-schumacher">David Schumacher</a></strong></p> <p><strong>Publication:</strong> <em>Review of Financial Studies</em>, Forthcoming</p> <p><strong>Abstract:</strong></p> Wed, 11 Oct 2017 19:24:49 +0000 Congratulations to Assistant Professor David Schumacher of Finance on receiving NFA 2016 Best Paper Award on ETFs in Asset Management /desautels/node/66602 <p>Congratulations to Assistant Professor David Schumacher of Finance on receiving <a href="http://www.northernfinance.org/conference/">NFA 2016 Best Paper Award</a> on ETFs in Asset Management for <strong>"Who is afraid of BlackRock?"</strong>.</p> <p><strong>Authors</strong>: <a href="http://node/64995" target="_blank"><strong>Schumacher, D.</strong></a>, Wang, Y., Massa, M.</p> <p><strong>Publication</strong>: <em>Social Science Research Network </em></p> <p><strong>Abstract</strong>: </p> Thu, 06 Oct 2016 17:58:49 +0000 Outsourcing in the International Mutual Fund Industry: An Equilibrium View /desautels/node/64755 <p><strong>Authors</strong>: Chuprinin, O., Massa, M., and <strong>Schumacher, D.</strong></p> <p><strong>Publications</strong>: <em>Journal of Finance,</em> Vol. 70, No. 5, 2015</p> Tue, 15 Sep 2015 14:52:04 +0000 Are Investors for Sale? Evidence from Financial Mergers /desautels/node/64610 <p><strong>Authors:</strong> Luo, M., Manconi, A., and <strong>Schumacher, D.</strong><strong><br /></strong></p> Thu, 13 Aug 2015 15:49:41 +0000 Who Is Afraid of BlackRock? /desautels/node/64604 <p><strong>Authors:</strong> Massa, M., <strong>Schumacher, D.</strong>, and Wang, Y.<strong><br /></strong></p> Wed, 12 Aug 2015 17:12:33 +0000 Outsourcing in the International Mutual Fund Industry: An Equilibrium View /desautels/node/63785 <p><strong>Authors:</strong> Oleg Chuprinin (University of New South Wales), Massimo Massa (INSEAD), <strong>David Schumacher</strong> ()</p> <p><strong>Journal:</strong> The Journal of Finance, forthcoming</p> <p><strong>Abstract:</strong></p> <p>We study outsourcing relationships among international asset management firms. We</p> <p>find that in companies that manage both outsourced and inhouse funds, inhouse funds</p> <p>outperform outsourced funds by 0.85% annually (57% of the expense ratio). We attribute</p> Fri, 23 Jan 2015 20:28:51 +0000