Net stock issuance theory and practice Net equity issuance can be in the form of initial public offering (IPO) or seasoned equity offering (SEO). This l

Incoming New York Fed President John Williams suggests that it is about time to end forward guidance in order to stop holding the financial market's han

In the past decades, capital market liberalization and globalization have combined to connect global financial markets to allow an ocean of money to flow th

Angus Deaton analyzes the correlation between health and wealth in light of the economic origins of inequality worldwide. Angus Deaton (2015)  

Mark Zuckerberg develops Facebook as a social network platform to help empower global connections among family and friends. David Kirkpatrick (2011) T

Corporate diversification theory and evidence A recent strand of corporate diversification literature spans at least three generations. The first generat