Serena Loftus and R.Z. Zhang

KENT, Ohio – Research conducted by two Kent State accounting faculty members has shown that tribal governments pay 22% to 87% higher borrowing costs on municipal bonds (government borrowing) compared to state and local entities. Serena Loftus, Ph.D., and R.Z. Zhang, Ph.D., both assistant professors of accounting at the Ambassador Crawford College of Business and Entrepreneurship, along with colleague Sarah Shonka McCoy, Ph.D., assistant professor of accounting at the University of New Mexico’s Anderson School of Management, recently presented their study, “Native American Government...

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