public finance
People often interpret the same information in very different ways, shaped by their perspectives and ways of thinking. In the financial world, this can influence…
Artificial Intelligence Gauges Corporate Complexity
Warren Buffett once advised that you should never invest in a business you cannot understand. Yet, that principle has not deterred many investors from backing…
Investors Showing Willingness to Spend More on Green Bonds
Investors who prioritise sustainability often argue that they can support environmentally friendly initiatives without giving up financial returns. However, recent research from the Texas McCombs…
When transparency goes too far, markets suffer
Transparency has become a fashionable mantra in modern finance. Opening up the inner workings of markets is widely assumed to improve decision-making, protect investors, and…
The Market Sees Past Adjusted Profits
When companies adjust their earnings reports to make profits look better than they really are, investors usually see through it. That’s the main takeaway from…
From Boardroom to Battlefield: CEOs Turn Activist After Exit
Few phrases are as likely to send shivers down a CEO’s spine as “activist shareholder.” In recent years, investment firms like Elliott Investment Management have…
China’s Insider Trading Crackdown Is Misfiring — Here’s What’s Going Wrong
Stricter insider trading regulations are often touted as a solution to improving market fairness, particularly by preventing corporate executives from quietly profiting from private information…
Oversized Corporations Hinder Economic Progress
Recent studies indicate that the U.S. economy has been underperforming for the last two decades, with corporations investing a smaller portion of their profits into…
Trapping Fiscal Vermin: The Need for an Improved Mousetrap
Over the past quarter century, Enron, Lehman Brothers, General Electric, and Supermicro have all been notorious for financial mismanagement, especially the malpractice of “cooking the…
Effectiveness of Mandatory Retirement Plans in Promoting Retirement Savings
A study published in Contemporary Economic Policy highlights the substantial benefits observed following the initial implementation of Oregon’s state-run retirement savings program, OregonSaves, in 2017.…
Researchers have devised a novel approach aimed at assisting investors in forecasting the decision-making processes of companies, optimising portfolios, and achieving higher returns
At the helm of most companies, top management teams are responsible for enhancing shareholder wealth. Any deviation from this objective squarely falls under their purview.…