Finance
Despite growing public skepticism over how useful financial statements are in providing information to investors, researchers at Stanford's Graduate School of Business have found that the value of financial ratios for predicting bankruptcy has not declined significantly over time.
Professors...
STANFORD GRADUATE SCHOOL OF BUSINESS—Data on intangibles such as customer satisfaction can yield significant forecasts of earnings only when they are analyzed in conjunction with financial statistics, according to recent research. Accounting Professor Madhav Rajan used a collection of wide-ranging...
STANFORD GRADUATE SCHOOL OF BUSINESS—In the late 1990s, market analysts anticipated that business-to-business (B2B) online transactions —commonly called "e-procurement"—would increase from $600 billion in 2000 to over $6.3 trillion by 2004. Growth has been much slower but researchers predict it...
STANFORD GRADUATE SCHOOL OF BUSINESS—In a forthcoming book, Stanford Graduate School of Business finance expert Darrell Duffie goes behind the scenes to describe the financial network of incentives and financial contracts that lead to run-on-the-bank calamities during the financial crisis of 2007...
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...
(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
...
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....
STANFORD GRADUATE SCHOOL OF BUSINESS—Stock markets are supposed to be the ultimate arbiter of company worth. But do they factor in a country's corruption, or virtue in valuing businesses? Yes, says Charles M.C. Lee, an expert on markets and accounting at Stanford's Graduate School of Business. The...
STANFORD GRADUATE SCHOOL OF BUSINESS—Manufacturing philosophy has undergone a revolution in the past few decades emphasizing continuous improvement, low-inventory techniques, and increased collaboration, cross-training, and problem-solving by workers. In the 1990s, the American economy steadily...
STANFORD GRADUATE SCHOOL OF BUSINESS —Having substantial cash on hand enabled Danaher Corp to fund the acquisition of 18 companies in 2009, many of them with little competition, Daniel Comas, MBA '91, the firm's executive VP and chief financial officer, told a student audience.
The 45-year-old...