The authors present the findings of their study of the capital spending and cash distributions of the five …
Risk
ESG in Emerging Markets: The Value of Fundamental Research and...
The growth of ESG funds has been strong globally, but particularly within the emerging markets equity asset class. …
A Deeper Look at the Return on Purpose: Before and...
The authors summarize findings from their research on how purpose relates to the profitability, growth, and value of …
IESE-ECGI CONFERENCE on Can Purpose Deliver Better Corporate Governance?
The inaugural dean of Oxford University's Said Business School and academic director of the British Academy's Future of …
Corporate Resilience and Response to COVID-19
The global COVID crisis provides a test case for the argument that public companies, by making significant and …
Enlightenment Environmentalism: A Humanistic Response to Climate Change
The author counters the prevailing pessimism about the environment, which he calls “Romantic Declinism,” with his own “Enlightenment …
Implications of Short Selling for Corporate Finance
Corporate managers often view short sellers as market manipulators whose actions drive their company’s stock price below intrinsic …
A Practitioners’ Guide to Leverage through Downturns
There is extensive research addressing questions of optimal capital structure. Studies typically focus on estimating the appropriate level …
The Relationship between Shareholder Return and CEO Pay over a...
The author reports the findings of his examination of the relationship between CEO pay and performance, as measured …
Risk Capital: Theory and Applications
After a brief review of the current theory and practice of risk capital by financial firms, the authors …