Corporate cash management The empirical corporate finance literature suggests four primary motives for firms to hold cash. These motives include the tra

IMF chief economist Gita Gopinath predicts no global recession with key downside risks at this delicate moment. First, trade tensions remain one of the key

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Fed Chair Janet Yellen says the current high stock market valuation does not mean overvaluation. A stock market quick fire sale would pose minimal risk to t

Thomas Sowell argues that some economic reforms inadvertently exacerbate economic disparities. Thomas Sowell (2019)   Discrimination and econo

Innovative investment theory and practice Corporate investment can be in the form of real tangible investment or intangible investment. The former conce