Finance

STANFORD GRADUATE SCHOOL OF BUSINESS—At the zenith of the dot-com craze when Palm Inc. spun off from parent 3Com Corp., its March 2, 2000, IPO touched off a stampede of over-eager investors elbowing their way into the action. When the dust settled at the end of the day, Palm's worth surpassed its...
STANFORD GRADUATE SCHOOL OF BUSINESS—Dominic DeMarco, MBA '96, bets on companies that most large investors don't think are worth their time. He is a principal of Stadium Capital Partners, a hedge fund that focuses exclusively on small-cap firms —the 75 percent of US public companies with market...
STANFORD GRADUATE SCHOOL OF BUSINESS—More companies than ever before are issuing convertible bonds as a way to raise capital. According to conventional wisdom, these hybrids—part bond, part stock—attract investors because they promise the security of a bond, plus the option to convert to equity...
STANFORD GRADUATE SCHOOL OF BUSINESS—Entrepreneurial activities are prone to failure. Limited resources, lack of market history, and inability to widely communicate product quality make it difficult for most startups to survive. Prior research indicates that venture capital funding is the most...
STANFORD GRADUATE SCHOOL OF BUSINESS—In 2006, spinach producers were hit by an outbreak of E. coli contamination that ground the industry to a halt as all spinach-based food products were yanked from the U.S. market. This nightmare scenario is a particularly dramatic example of the kind of...
STANFORD GRADUATE SCHOOL OF BUSINESS—You might think that the head of state of a global power would be an unlikely individual to jump into a technical debate on accounting standards. Yet in 2003 French President Jacques Chirac did just that—taking an active role in voicing concern regarding the...
STANFORD GRADUATE SCHOOL OF BUSINESS—It has been axiomatic in modern market analysis that hedge funds play an important role in efficient markets by nudging misaligned and irrationally priced securities to the rational path. But do hedge funds always counter market irrationality? Do they act as a...
Dividends Can Wait Until Banks Are Stronger Text of Op-Ed Published in Financial Times (View the text from the online version of Financial Times) This appeared in print in the Financial Times on Jan. 20, 2011 under the title "Force Banks to Put America's Needs First" Anat Admati George G.C....
(View the text from the online version of Financial Times) This appeared in the online Financial Times on Jan. 19, 2011 under the title "Dividends Can Wait Until Banks Are Stronger" Anat Admati George G.C. Parker Professor of Finance and Economics Graduate School of Business Stanford University  ...
STANFORD GRADUATE SCHOOL OF BUSINESS—Nike overhauled labor practices in its suppliers' overseas factories after it was targeted by activists campaigning against sweatshop conditions. Faced with criticism on many fronts, Wal-Mart embarked on a strategy to burnish its reputation and improve or...

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