Articles

Do talents affect financial decisions? ©AdobeStock_Kentoh

Talented workers are the first to leave a firm in financial distress. Simultaneously, this makes  recruiting new skilled workers much more difficult. Labor fragility is therefore a key determinant of a firm capital structure: CFOs assess the workforce risk associated with high leverage when deciding to issue debt or equity. This is especially true for companies relying on skilled (...)

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Private equity firms have a reputation for hard-nosed business tactics, buying and reselling (...)

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In a new study, Adrien Matray and Oliver Dessaint reveal that in the aftermath of hurricanes (...)

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As big corporations aim to reap the benefits of nimble, innovative startups, corporate venture (...)

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Corporate Finance15 December 2013

Financial analysts: Are they useful after all?

François Derrien and his co-author study the extent to which financial analysis impacts a firm’s (...)

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One way for established firms to explore new ideas is by making corporate venture capital (...)

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Corporate Strategy15 May 2011

LBOs: Job Creators and Growth Stimulants?

David Thesmar, Quentin Boucly, and David Sraer show that,  contrary to popular belief, LBOs in (...)

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Corporate Finance15 October 2009

Cash Reserves: Both Safety and Strategy!

Key Ideas •There is a positive correlation between a company’s cash reserves and its future market (...)

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