The difficulties of the past year have convinced many observers that current risk management practices are deeply flawed, and that such flaws have contributed greatly to the current financial crisis. In this paper, the author challenges this view by showing the need to distinguish between flawed assessments by risk managers …
Morgan Stanley Roundtable On Private Equity And...
7 months ago Number 3, Summer 2006, Volume 18The role of private equity in global capital markets appears to be expanding at an extraordinary rate. Morgan Stanley estimates …
Risk Management —The Revealing Hand
7 months ago Number 1, Winter 2016, Volume 28Many believe that the recent emphasis on enterprise risk management function is misguided, especially after the failure of sophisticated quantitative …
Dividend Consistency: Rewards, Learning, and Expectations
3 months ago Number 4, Fall 2019, Volume 31The fact that many companies have a long track record of consistent dividend increases suggests that managers believe there is …
Two Modes of Investment Banking: Technocrats, Relationship...
3 months ago Number 4, Fall 2019, Volume 31Efficient capital allocation in a market economy depends on the exchange of reliable information between providers of capital and companies …
The Reference-Driven College Paper
3 months ago Number 4, Fall 2019, Volume 31(Or Why Your Students Should Read the JACF) The main objective of college finance courses should be critical thinking in …
Will Blockchain Be a Big Deal? Reasons...
3 months ago Number 4, Fall 2019, Volume 31The initial enthusiasm for implementing blockchain in financial markets has been dampened considerably by its collision with economic realities. Though …
FinTech, BigTech, and the Future of Banks
3 months ago Number 4, Fall 2019, Volume 31Banks are unique financial institutions in that they combine the production of liquid claims—that is, demand deposits—with loans. Though banks …
Monetary Policy Implementation: Making Better and More...
3 months ago Number 4, Fall 2019, Volume 31Since December 2015, the Federal Reserve has operated a new “floor system” in which it brings about desired changes in …
Editors Choice
Featured Posts
Is Economic Growth Good For Investors?
7 months ago Number 3, Summer 2012, Volume 24When measured over long periods of time, the correlation of countries’ inflation- adjusted per capita GDP growth and stock returns …
Capital Deployment Roundtable: A Discussion Of Corporate...
7 months ago Number 4, Fall 2014, Volume 26U.S. companies are now reportedly earning record-high operating returns on capital while at the same time continuing to set new …
Risk Management Failures: What Are They And...
7 months ago Number 4, Fall 2008, Volume 20The difficulties of the past year have convinced many observers that current risk management practices are deeply flawed, and that …