BlackRock Income Investment Quality Trust (NYSE:BAF)

Corporate ownership governance theory and practice  The genesis of modern corporate governance and ownership studies traces back to the seminal work

MIT professor and co-author Daron Acemoglu suggests that economic prosperity comes from high-wage job creation. Progressive tax redistribution cannot achiev

Main reasons for share repurchases Temporary market undervaluation often induces corporate incumbents to initiate a share repurchase program to boost the

Platforms benefit from positive network effects, scale economies, and information cascades. There are at least 2 major types of highly valuable platforms: i

Uniform field theory of corporate finance While the agency and precautionary-motive stories are complementary, these stories can be nested as special cas

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