Leadership
Few companies took a bigger hit to their reputation in recent years than JPMorgan Chase. Among many other blows, it agreed to pay $20 billion this fall to settle federal investigations and investor lawsuits about misrepresenting the quality of mortgages it sold during the housing bubble.
Small...
The Securities and Exchange Commission's roundtable on proxy advisory firms in December was long overdue. In July 2010, the agency asked for public comment about these organizations in light of growing concerns that "proxy advisory firms may be subject to conflicts of interest or may fail to...
Eight years ago, over dinner and a bottle of wine, Hayagreeva (Huggy) Rao and Robert Sutton realized they needed better answers for the students of a Stanford management education program, Customer-Focused Innovation, they were running. The business executives appreciated what the pair had to say...
When I set up my dating profile, I was upfront about my teenage children and my sweet but impish golden retriever. But I left out the YouTube videos my children introduced me to under “Things I Find Entertaining,” and in the section of OkCupid.com where they ask some very personal questions, I...
The importance we place on money affects our lives in myriad ways, from where we live to the kind of job we choose to the amount of time we spend on work or leisure. Conventional wisdom — as well as economic theory — says the more of something we have, the less of it we want, but that’s not the...
When does prudent bank leverage morph into a form of gambling? And why does it happen?
A new paper by researchers at Stanford Graduate School of Business sheds light on both questions, and comes to an uncomfortable conclusion: If regulators want to substantially reduce the costs of future bank...