Since the formulation of the Miller and Modigliani propositions over 60 years ago, financial economists have been debating …
Capital Allocation
University of Rochester Roundtable on Bailout vs. Bankruptcy: The Case...
In an event staged at Rochester’s Geva Theatre in the midst of the global financial crisis in 2009, …
Corporate Insurance Strategy: The Case of British Petroleum
The authors provide a fundamental rethinking of how corporations should evaluate various kinds of risks and risk management …
An Unconventional Conglomerateur: Henry Singleton And Teledyne
Capital allocation involves decisions about raising and returning capital, and about acquiring and selling companies—all of which can …
Capital Allocation: Evidence, Analytical Methods, And Assessment Guidance
Capital allocation is one of top management’s primary responsibilities. Although always important, it is critical today because corporate …
Capital Deployment Roundtable: A Discussion Of Corporate Investment And Payout...
U.S. companies are now reportedly earning record-high operating returns on capital while at the same time continuing to …
The Hazards Of Growth
Thanks in large part to the incentives that companies create for their most senior people, growth is often …
Save The Buyback, Save Jobs
In response to a recent New York Times op-ed by Senators Schumer and Sanders deploring the effects of …
A Fireside Chat With Raj Gupta: What It Takes To...
The chairman of two public companies (and former chair and CEO of Rohm and Haas) draws on his …