New research explores whether asymmetric information about corporate assets could have been the sole cause of the recent crisis.
Research suggests that mandatory contingent convertible bonds with a market trigger may not address the problem they were designed to solve.
Why are firms' most productive employees the most likely to get pink slips when a recession hits?
A lagging consumer appetite, not a tight market for lending, is the main cause of the plunge in exports during the global recession.
New metrics provide a way to measure the growth and evolution of complex business groups.
A growing body of evidence suggests that when private equity enters an industry, growth and productivity follow.
Bruce Kogut considers who should bear the burden of examining — and addressing — the consequences of financial innovation.
Transparency in credit markets may have unintended consequences.
Companies are often criticized for raising capital by selling mandatory convertible bonds that pay high interest rates, but the instruments can be a good way to shore up a firm’s finances.
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