Topic: Investing
A Skeptical Board Can Protect Shareholders From an Empire-Building CEO
Director expertise disciplines CEO into providing better information
How Bond and Stock Prices Combine to Influence Corporate Investment
Equity volatility can encourage — or dampen — investment, depending on a firm’s bond spread
As Passive Investing Spreads, Overall Market Becomes Less Competitive
Active investors take up some — but not all — of the slack created by index funds
Banks Rent Out Their Balance Sheets — So Derivatives Cost More
Even before Dodd-Frank rules, the costs were significant
When Financial Intermediaries Sneeze, These Assets Catch a Cold
Some investment vehicles are more reliant than others on the health of trading firms
One Data Set That Warns Against Margin Trading
As a group, Chinese futures traders more likely to suffer margin call than to profit
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
Often Reviled, Short Sellers Are Newly Vulnerable to the Meme Mob
A short squeeze can ripple across short sellers’ positions
Separating Auditing from Consulting: More Complex than it Seems
Market concentration, price and quality drive choice of firms
Borrowings Suggest Small Company Owners Face Higher Risk
Analysis uses business credit card loans to gauge market perception
Market Bubbles Aren’t Entirely Irrational Exuberance
A model examines the relationships between innovation, speculation and market values
Heading for a Divorce? Might Want to Go Easy on Stock Picking
Active traders lose their edge as a marital breakup approaches
State Tax Credits for Angel Investors Backfire
Good ideas may be scarce, capital to fund them is not
World Economy 9.6% Bigger Without Investment Barriers
In a model, cultural differences matter as much as geography, institutional distinctions or capital constraints
Why Risk and Reward Don’t Always Move in Concert
Investors initially underreact to volatility, then overreact
Adapting Value Investing to the 21st Century
Including intangible assets in book value vastly improves the strategy’s returns