A tool in the debate over shareholder primacy and wealth disparities
Seen as a backstop to small- and midsized banks, the program, allowing insurance in multiples of $250,000, alters banking’s risk calculus
Do bigger companies win even when they lose out on corrupt deals?
Employing a distinct part of the brain, they’re better at imagining a distant future and seeing others’ points of view
Managers, forced to inform a broader audience, choose not to gather information even for themselves
A model separates potential profits or losses for hospital, doctors and other health care providers when insurer pays in lump sum
A mathematical model analyzes incentives underlying surge-pricing schemes
Forced sale of assets could stretch illiquidity across industries
Management and real estate deals to owners’ firms siphon off most profits
Buyers of private firms signal willingness to move fast
Malignant personalities loom large in workplace happiness and a supervisor’s positive tone carries only so far
They don’t trade at an absolute equal to intrinsic value, despite their image as the world’s investment bedrock
Most companies use asset leasing for business reasons, not accounting window dressing