8 Posts found for Source: NYU Stern School of Business

The traditional description of the firm – an organization run by top managers and monitored by a board of directors on behalf of public shareholders – falls short on three counts. First, control need not be exerted just top down, or from outside, it can also be asserted bottom-up. Put differently, the CEO has to give his subordinates a reason to follow, and this, implicitly, … [ Read more ]

Content: Quotation | Authors: Raghuram G. Rajan, Stewart C. Myers, Viral V. Acharya | Source: NYU Stern School of Business | Subjects: Corporate Governance, Organizational Behavior

The common view of the public corporation is that of an organization run by top managers, and monitored by a board of directors on behalf of public shareholders. The separation of decision management (the CEO) from decision control (the board) and from risk-bearing constituents (public shareholders) is thought of as a reasonable way to structure firms, and so long as decisions are made in … [ Read more ]

Content: Quotation | Authors: Raghuram G. Rajan, Stewart C. Myers, Viral V. Acharya | Source: NYU Stern School of Business | Subject: Corporate Governance

Wayward chiefs are often brought to heel by the complex dynamics inherent in their companies’ structure, a phenomenon that can be called internal (rather than corporate) governance.

Content: Article | Authors: Raghuram G. Rajan, Stewart C. Myers, Viral V. Acharya | Source: NYU Stern School of Business | Subject: Corporate Governance

Even ordinary people are prone to shocking ethical lapses. As the empirical study of ethics has surged in the past two decades, clear evidence has emerged that ethical thinking and behavior are prone to many of the same mental processes and pitfalls as the rest of human thinking and behavior. Just as we humans are prone to systematic and predictable cognitive errors, we appear to … [ Read more ]

Content: Article | Authors: Mary C. Kern, Mary C. Kern and Dolly Chugh | Source: NYU Stern School of Business | Subject: Ethics

For the last two decades, Aswath Damodaran has dedicated the first two weeks of each new year to a ritual. He obtains/collects/downloads data on all publicly traded companies listed globally, using a variety of data sources, and then analyzes and presents the data, aggregated at a number of different levels: by country, by region (US, Europe, Emerging Markets, Japan, Australia & Canada) and by industry. … [ Read more ]

Content: Online Resource | Author: Aswath Damodaran | Source: NYU Stern School of Business | Subjects: Economics, Finance, Free Stuff / Tools, Reference / Search

*** Abstract ***
Using a unique dataset of private equity funds over the last two decades, this paper analyzes the cash flow, return, and risk characteristics of private equity. Unlike previous studies, we have detailed cash flow data for each fund, rather than aggregate or accounting returns. We also know the exact timing of investments and capital returns to investors and the number and types … [ Read more ]

Content: Article | Authors: Alexander Ljungqvist, Matthew Richardson | Source: NYU Stern School of Business | Subjects: Finance, Venture Capital

Presented by Professor Charles Fombrun and Peter Eliopoulos of the Stern School of Business at New York University, a page dedicated to that devilish but unavoidable Case Interview

Content: Career Information | Authors: Charles Fombrun, Peter Eliopoulos | Source: NYU Stern School of Business | Subject: Interviewing

Written by Stern MBAs, a research publication devoted to showcasing the distinct perspectives and strengths of the MBA candidate on the compelling business issues of the day.

Content: Online Resource | Source: NYU Stern School of Business | Subject: News / Magazine