Finance

James Gutierrez
James Gutierrez, MBA '05, discusses how he built Progreso Financiero, where he gets his best ideas, and the best advice he's ever received. 
Cover Photo: "Painting with Numbers"
In a new book, a Stanford GSB alum explores how to successfully present numbers.
Angel statue
New research indicates it is even higher than you might think.
photo of faculty and student
Award-winning economist Susan Athey, noted econometrician Guido Imbens, corporate finance expert Joshua Rauh, and others to join Stanford GSB faculty.
YouTube -
06.21.12
Citigroup CEO Vikram Pandit discusses criticism of financial institutions and what he calls "responsible finance."
Charles Lee faculty award photo
Stanford GSB students honor Dirk Jenter, Charles Lee, and Jeremy Bulow for their memorable teaching.
New York Times -
06.01.12
Writing in the New York Times, researchers at Stanford’s Steyer-Taylor Center for Energy Policy and Finance urge Congress to reduce the financing costs of renewable energy by granting tax breaks now available to non-renewables.
YouTube -
05.15.12
At the Stanford Graduate School of Business, Citigroup CEO Vikram Pandit discusses the financial crisis, leading complex organizations, and the "tremendous uncertainty ahead of us."
Image of stock trader
Why bankers like leverage—and what that could mean for the global financial system.
Ed Lazear photo
Writing in the Wall Street Journal, Edward P. Lazear puts today's economic recovery in historical context.

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Stanford Graduate School of Business Diploma Ceremony
Boston Fed CEO Eric Rosengren says money market mutual funds are vulnerable to the European debt crisis.
Streamlining balky government permit processes or convoluted global supply chains are just some of the challenges in the "Valley of Death" faced by fledgling clean energy firms, government officials were told during a Stanford forum.
The Stanford Graduate School of Business has confirmed finance services industry leader and public servant Herb Allison as alumni speaker at its 2011 graduation ceremony on June 11. As the U.S. Assistant Secretary for Financial Stability and Counselor to the Secretary of the Treasury, Allison supervised the $700 billion Troubled Asset Relief Program (TARP) until stepping down last September. The...
In the 1980s, John Paul DeJoria weathered 12% inflation and 18% interest rates. It was a tough path but he succeeded in founding John Paul Mitchell Systems, a hair care firm that registered $900 million in sales in 2010.
Public education that prepares a workforce for tomorrow's needs is the cause that most challenges her, said Penny Pritzker, JD/MBA '84, the 2011 recipient of the business school's Arbuckle Award.
Believers in free market capitalism were appalled when the U.S. government spent $82 billion to bail out General Motors and Chrysler. But the money saved an important U.S. industry and averted a national economic catastrophe Steven Rattner, the man who led the rescue operation, told a Stanford Graduate School of Business audience.
Niklas Zennström
Silicon Valley isn't the only area in which technology companies can flourish, says Niklas Zennström, who founded the high-flying internet communication firm Skype  in Luxembourg. Populations and internet use are growing fastest outside of the United States.
U.S. Senator Jeff Bingaman, chairman of the Senate Energy and Natural Resources Committee and a leading energy policymaker, met with faculty and staff involved in Stanford University's new Steyer-Taylor Center for Energy Policy and Finance, on Jan. 11, to discuss deploying technologies at commercial scale in clean energy projects.
A shortage of middle management talent is slowing business development in Africa, but the continent still offers opportunities for entrepreneurs who recognize the differences between Nairobi and Silicon Valley, say business school conference speakers.

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Text of Op-Ed Published in Financial Times
Permissive bankruptcy laws, not bad business downturns, seem to be the greatest cause of corporate bond defaults, according to Professor Ilya Strebulaev, co-author of a study that researched 150 years of figures.
A new study argues that household stock ownership decreases as the tax benefits associated with owning stocks inside a pension plan increase. The trend applies around the globe, says Stanford Graduate School of Business Professor Ilya Strebulaev.
Text of Letter Published in Financial Times
The likelihood of temporary shocks, such as the 2006 contamination that shut down spinach growers, contributes in previously unexplored ways to CFOs? conservative approach to debt financing. In fact, says coauthor Ilya Strebulaev, managers should be even more focused on risk management.
Virtue seems to pay according to Professor Charles M.C. Lee whose research shows that publicly-held firms in countries perceived as less corrupt trade at bigger market premiums than those in places deemed more corrupt.
(This paper has sparked discussion. View other material related to this topic)
How do you tell if CEOs are not being truthful during quarterly earnings conference calls? Stanford Graduate School of Business researchers have developed a model to analyze the words and phrases used during these calls and found some specific speech patterns that give clues.
In a new book Professor Darrell Duffie describes the financial network of incentives and financial contracts that lead to run-on-the-bank calamities during the financial crisis of 2007-2009. The Stanford Graduate School of Business finance professor argues that placing the global financial system on a sounder footing depends on an understanding of how the largest and most connected banks — the...

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