Faculty News
Profs Menachem Brenner and Marti Subrahmanyam's research on corporate spinoffs and insider trading is featured
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Excerpt from Bloomberg -- "'Spinoffs are accompanied by a fairly predictable pop in the parent company’s share price,' Marti Subrahmanyam, a senior professor at New York University’s Leonard Stern Business School who co-authored the study, said in a telephone interview. 'Yet there seems to be little focus on this area. Authorities need to adopt a more systematic approach and acknowledge that every type of announcement is fraught with the possibility of insider dealing.'"
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