Research Insights: From Campus to Capital

Kean Wu, Ph.D., associate professor in the department of finance and accounting, is influencing regulatory affairs in Washington, D.C, through his research. The Securities and Exchange Commission cited Wu’s article-in-progress, “Corporate Human Capital Disclosures: Early Evidence from the SEC's Disclosure Mandate,” in a recent recommendation regarding human capital management disclosure. 

Wu writes that his “study provides the first comprehensive large-sample descriptive evidence related to mandatory HC-related 10-K disclosures under the SEC’s new reporting regulation during its first year in effect.”

In addition, another article co-authored by Wu, “XBRL Mandate and Timeliness of Financial Reporting: Do XBRL Filings Take Longer?” was cited by the SEC in a proposed rule and in its semi-annual report to Congress.

The SEC cites Wu’s research for “finding decreased reporting lags for XBRL filings compared to non-XBRL filings from accelerated and large accelerated filers, but not for non-accelerated filers, and postulating that accelerated and large accelerated filers have updated their computer system to use a systemic accounting ecosystem.”

Cutting-edge research is hardly the exception among Saunders faculty. Moreover, students have the opportunity to participate in that work through the groundbreaking Student Research Initiative. SRI “allows eligible undergraduate and graduate students to participate in research projects that seek to solve interesting business trends and challenges.”

Faculty and students alike have opportunities to make a difference