Most stock market experts believe shareholder input is good because it presses managers to do their best to maximize returns. But how does liquidity -- the availability of shares to buy and sell -- affect that shareholder involvement?…
Executive compensation packages that provide huge payouts for short-term stock-market gains have been blamed for playing a role in the risky behavior that triggered the continuing financial crisis.…
In merger-and-acquisition advice, an investment bank's market share does not seem to equate with value delivered to clients, two scholars from Wharton and the Massachusetts Institute of Technology conclude in a research paper.…
Contrary to management theories developed in the Industrial Age, employee satisfaction is an important ingredient for financial success, according to a new research paper by Wharton finance professor Alex Edmans.…
