Topic: Accounting

Cube puzzle wooden blocks isolated on white background. Research Brief / Risk Management

Loan Pool Covenants, Meant to Contain Risk, Can Instead Spread It

Forced sale of assets could stretch illiquidity across industries

One stack of three wrapped groups of 100-dollar bills on a white background. Research Brief / Mergers and Acquisitions

Round-Number Bids Are Costly, but Up the Odds of a Deal

Buyers of private firms signal willingness to move fast

Research Brief / Investing

Treasury Securities Are Actually Cheap Sometimes

They don’t trade at an absolute equal to intrinsic value, despite their image as the world’s investment bedrock

Stack of money in a brown envelope Research Brief / International Trade

Bribery and the Motivation of Bidders on Foreign Contracts

Do bigger companies win even when they lose out on corrupt deals?

Tall buildings from the perspective of a person looking up Research Brief / Economics

A Broader Measure of Value Creation at Corporations

A tool in the debate over shareholder primacy and wealth disparities

Doctors practicing for surgery Feature / Health Care

Do Surgeons Win or Lose When Medicare Bundles Payments?

A model separates potential profits or losses for hospital, doctors and other health care providers when insurer pays in lump sum

Female artist Feature / Time

Creative People Really Do Think Differently

Employing a distinct part of the brain, they’re better at imagining a distant future and seeing others’ points of view

Illustration of two men talking Research Brief / Investing

Do Fair Disclosure Rules Lead to More or Less Information?

Managers, forced to inform a broader audience, choose not to gather information even for themselves

Airplanes parked Research Brief / Accounting

Why Corporate Leasing Practices Deserve More Respect

Most companies use asset leasing for business reasons, not accounting window dressing

Driver looking at Uber app on his smartphone Research Brief / Uber Surge Pricing

How Uber Could Avoid That Notorious $362.57 Fare

A mathematical model analyzes incentives underlying surge-pricing schemes

Person with head buried in their hand Research Brief / Accounting

Snarky Co-Workers Can Ruin Morale, Even When the Boss Is Supportive

Malignant personalities loom large in workplace happiness and a supervisor’s positive tone carries only so far