Shareholder Empowerment: An Introduction Shareholder Empowerment: A New Era in Corporate Governance (link) by Maria Goranova and Lori Verstegen Ryan (editors) is the best book on corporate governance I have read in quite some time. No, it does not have all the answers but it does ask many of the right questions. For an academic reader, I found it […]
Guest post from Peter Tunjic – Commercial lawyer, idea inventor, framework builder, business designer, board advisor and advocate and defender of free corporations. Peter writes at On Directorship and is “re-inventing the boardroom from capitalism’s forgotten first principles.” Thanks to Peter for permission to republish his following thought provoking post. Comments are always welcome but must come to me by […]
Guest post from Brooke Harrington, Associate professor, Department of Business and Politics, Copenhagen Business School, Denmark. The post was originally published as On the Limitations of Behavioral Finance at Economic Sociology, 10/31/2010. I found it to be as timely as ever. (more…)
Investors’ previous experiences with a stock affect their willingness to repurchase the stock. Using detailed trades data from two brokers, Michal Strahilevitz, Terrance Odean, and Brad M. Barber document that investors are reluctant to repurchase stocks previously sold for a loss and to repurchase stocks that have risen in price subsequent to a prior sale. They […]
People who feel more secure in receiving love and acceptance from others place less monetary value on their possessions, according to new research from Edward Lemay, assistant professor of psychology at UNH, and colleagues at Yale University. Lemay and his colleagues found that people who had heightened feelings of interpersonal security — a sense of […]
Conformity explores the issue at the root of groupthink by distilling over 7 decades of seminal studies into the psychology of group mentality. Hat tip to Simoleon Sense. We’re back from a month in China and India and have lots of work to catch up on but hope to begin posting regularly again in the […]