Running for the Pro-Business Border
How can corporations play neighboring states’ regulations off each other to identify the best environment for doing business?
Cleaning Up the Muni Market
An independent, non-profit advisory organization for municipalities could increase transparency and liquidity in the muni bond market, sweeping billions of dollars back to taxpayers and investors.
When the Best Get Better
How innovation and foreign ownership help high-performing firms reach even higher.
A Contrarian View of China's Growth
David Beim argues that China's golden age of hyper-growth is likely nearing an end.
Accounting for Value
In a new book, Stephen Penman offers investors common-sense guidance for using accounting to get at valuation.
Follow the Retail Traders
New research shows that retail investors don’t merely follow temporary upward trends but can actually predict future stock returns.
A Little Debt Can Curb Big Risks
Pegging CEO pay to banks’ credit default swap spreads could inhibit excessive risk taking, without requiring new regulatory measures.
Do Institutional Investors Have an Ace up Their Sleeve?
The SEC’s confidential disclosure exceptions provide a good balance between transparency and protecting the trade secrets of institutional investors.
The Mismeasure of Mispricing: The Case of Customer Satisfaction
New research from Natalie Mizik dismantles the notion that the stock market undervalues firms that earn high marks from consumers.