Nature vs. nurture: Genes play a leading role in financial behavior
Bull, bear or barely aware of alternatives to the trusty savings account. What are the primary forces that shape each person’s financial behavior? Are investors born... Read More
Sarbanes-Oxley regulation effective without harming investor value
The Sarbanes-Oxley Act of 2002 had teeth, but did not bite investors. That’s the verdict of a new study on the efficacy and impact of... Read More
Controversial “short selling” provides important benefit to market
Short sellers—investors who profit when share prices fall—are considered, by many, to be pariahs of the stock market. But new research led by Jonathan Karpoff,... Read More
Hard time: Executives actually do pay dearly for financial fraud
In the wake of Enron and a raft of other major corporate scandals early this decade, a March 2002 Fortune magazine cover voiced the widely... Read More