How Wikipedia is Changing Financial Reporting
Michael Zhang of Hong Kong UST Business School looks at the way social media is changing the disclosure of company information. Overall, it's shifting information power away from managers, he says.
Michael Zhang of Hong Kong UST Business School looks at the way social media is changing the disclosure of company information. Overall, it's shifting information power away from managers, he says.
Stefan Nagel of the Stanford Graduate School of Business examines the causes of the financial crisis. He says that often-blamed 'run on repo' was actually a sideshow. The real problems lay in the asset-backed commercial paper market, which provided much of the short-term finding for securitized mortgage products.
Michael Brandt of Duke University's Fuqua School of Business describes how traders' buy and sell orders can used to predict the performance of stock and bond markets, and the wider economy.
Leading business thinkers have now had time to assess the fallout from the 2008 financial crisis and identify the lessons we should learn from it. Here's a selection of the best business school articles on the topic.
Prof. Bruno Solnik of Hong Kong UST Business School looks at when and why financial markets move together (or 'correlation'). While markets moved together both when they crashed in 2008 and when they recovered in 2009, he says, the fact that they fell and rose by varying amounts highlights the need to diversify.