Michael Douglas, in his Academy Award winning portrayal of Gordon Gekko in the movie “Wall Street,” declares in his famous “greed” speech that the company has “33 different vice presidents” that are ...
Why exclude state-owned enterprises (SOEs) from equity allocations? This a natural first question investors tend to ask when they hear of WisdomTree’s suite of ex-state-owned equity ETFs. The ...
As a small business owner, it's likely that you routinely employ other people to perform tasks and make decisions on your behalf. Delegating responsibility can take a lot of weight off your shoulders ...
A principal-agent relation is analyzed where the agent chooses an unobservable effort level and an observable level of utilization of a resource supplied by the principal. When the agent has private ...
16dOpinion
Don’t Take the Auditor to the Strip Club
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...
Mihir Desai, a professor of Harvard Business School and the author of "Wisdom of Finance" explains why having shareholders who are separate from the managers hold great danger for finance today.
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