Volume 27

Risk-Taking And Risk Management By Banks

• Risk

René M. Stulz | Number 1, Summer 2015, Volume 27 3 years ago

A well-governed bank takes the amount of risk that is expected to maximize its share-holder wealth, subject to …

Transparent Corporate Objectives—A Win-Win For Investors And The Companies They...

• Governance

Michael Mauboussin and Al Rappaport | Number 2, Spring 2015, Volume 27 3 years ago

The continuing debate about the primacy of shareholders versus stakeholders fails to address the essential problem in current …

The Hazards Of Growth

• Capital Allocation
• Sustainability

Kevin Kaiser and S. David Young | Number 3, Summer 2015, Volume 27 3 years ago

Thanks in large part to the incentives that companies create for their most senior people, growth is often …

A Long Look At Short-Termism: Questioning The Premise

• Governance
• Incentives

Michael Mauboussin and Dan Callahan | Number 3, Summer 2015, Volume 27 3 years ago

Short-termism is said to plague all parties in the investment community in the U.S, including investment managers, companies, …