Cost-Sharing Agreements
A tax-saving device for multi-nationals
Leadership
Ingratiating Behavior Provides Alternative Path to the Boardroom
Talent and credentials are not all that matters
Finance & Accounting
Exercising Options
Should you accelerate income tax payment on share-based compensation?
Strategy
Playing Well Together
The ability to share information about economic opportunities motivates firms to expand their boundaries
Finance & Accounting
When Should a Firm Decentralize?
Corporate features can determine your organization’s design
Finance & Accounting
(When and How) Do Markets Learn?
The surprising market reactions to ambiguous corporate policies
Economics
Big Fish, Little Fish—Choose Your Pond
Company size, organizational design, and market structure correlate with executive salaries
Letting Go of Voting Rights May Be a Good Investment Strategy
When looking at dual-class firms, dividends are more informative of performance than earnings
Operations
Are Reservations Recommended?
Offering reservations is costly to restaurants, but they can be beneficial in some cases
Policy
Treasury Debt and Corporate Bond Rates
The bond yield spread reflects a Treasury debt convenience yield for investors
Marketing
Discriminating Prices for the Discriminating Consumer
Maximize profitability with different package sizes