- How is Tobin's q ratio calculated, and what does a high or low q signal about business investment?
Corporate Finance and Accounting
Corporate financial structure, accounting, and fraud.
- How does a double-entry accounting system ensure that a country's income, production, and expenditure all add up to the same total?
- What does the Modigliani-Miller theorem claim about how a firm's financing choices affect its market value?
- What did Merton Miller and Franco Modigliani's theorems establish about corporate capital structure?
- What charges was Milken indicted on, and what was the outcome of his case?
- How did this testimony contribute to the broader reckoning with the tobacco industry that followed?
- What pattern did Slemrod and Kopczuk find in death records around changes to the US estate tax?
- How could the timing of death plausibly respond to financial incentives near a tax law change?
- How did Enron use off-balance-sheet partnerships to hide debt and inflate earnings?
- How did WorldCom's capitalisation of ordinary operating expenses inflate its reported profits?
- What regulatory changes did the 2002 accounting scandals prompt in the United States?
- What did Karl Schwärzler's scheme actually let corporations rent for events?
- How did childhood exposure to natural disasters correlate with CEOs' later risk appetite?
- Why did CEOs who survived a disaster unharmed become more risk-tolerant, while those who suffered real losses became more cautious?
- Why do CEOs typically receive equity rather than fixed pay, according to this work?