Stock Market Research Conducted by Eller Finance Professor Referenced by MarketWatch
June 16, 2021
Research conducted by Kathleen Kahle, Thomas C. Moses Professor of Finance in the Eller College of Management, was cited in a June 9 MarketWatch opinion piece about the largest technology companies and their part in revolutionizing the stock market.
The article claims that a top-heavy and lopsided stock market is not something to be concerned about in the business world, despite the alarming connotations currently associated with it.
“The percentage of total corporate profits coming from the 100 biggest earners has skyrocketed over the past three decades. Given how much the biggest companies are earning relative to the rest of the market, they deserve to have outsized market caps,” explains the article, in reference to Kahle’s 2016 study, Is the U.S. Public Corporation in Trouble?, co-authored by René M. Stulz of Ohio State University.
Kahle joined the Eller College of Management as associate professor in 2003 and was appointed the Thomas C. Moses Professor in Finance in 2014. Her research interests are around corporate finance, capital structure, securities issues, repurchases and insider trading. Her previous teaching experience includes the University of Pittsburgh. She earned her PhD in Finance from The Ohio State University in 1996.