Topic: Accounting
Loan Pool Covenants, Meant to Contain Risk, Can Instead Spread It
Forced sale of assets could stretch illiquidity across industries
Round-Number Bids Are Costly, but Up the Odds of a Deal
Buyers of private firms signal willingness to move fast
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
Bribery and the Motivation of Bidders on Foreign Contracts
Do bigger companies win even when they lose out on corrupt deals?
A Broader Measure of Value Creation at Corporations
A tool in the debate over shareholder primacy and wealth disparities
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
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
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
Why Corporate Leasing Practices Deserve More Respect
Most companies use asset leasing for business reasons, not accounting window dressing
How Uber Could Avoid That Notorious $362.57 Fare
A mathematical model analyzes incentives underlying surge-pricing schemes
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