CEOs gamble with shareholders' money

CEOs of conglomerates are trusting heavily on their 'gut feeling' when it comes to investment decisions. A new study finds that by doing so, they are destroying shareholder value. At the cost of more rational options, CEOs ...

The hidden driver of the ride-sharing economy

When Greg Buchak was a graduate student at the University of Chicago, Uber and Lyft were just beginning to spread across the country. Since he didn't own a car, he found the ride-sharing apps convenient for short and long ...

Research finds how much CEOs matter to firm performance

"Do CEOs matter?" has been a perennial question in management discourse. But "the CEO effect" has been notoriously difficult to isolate—a moving target caught in the slipstream of dynamic forces that shape firm performance.

Want to make money with stocks? Never listen to analysts

Investors probably expect that following the suggestions of stock analysts would make them better off than doing the exact opposite. Nevertheless, recent research by Nicola Gennaioli and colleagues shows that the best way ...

Short-term debt comes with a penalty in the cost of equity

A new study finds that investors want to be compensated, in the form of higher returns, for holding the stock of firms that have a relatively higher proportion of short-term debt, rather than long term debt

page 2 from 4