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Larry Ellison
Larry Ellison towered again among the top ranks of the highest-paid CEOs in 2013 with total compensation of $78 million. He is in plentiful company. Sixty-five chief executives took home annual pay of more than $20 million last year. What prompts boards of directors to grant such astounding sums?...
Almost everyone wants to be happy, but surprisingly few people know exactly how to make themselves so. A growing body of research has identified one reliable path to greater personal happiness: engaging in a rewarding activity — particularly one that involves doing something nice for someone else...
The former manager of the Fidelity Magellan Fund Peter Lynch
In 1973, Princeton economist Burton Gordon Malkiel famously pointed out that a blindfolded money manager throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts. He was translating into layman's terms research that...
Pittsburgh skyline
America's cities are dividing themselves into two distinct groups, with college-educated workers increasingly clustering in desirable places that less-educated people cannot afford, according to new Stanford research. In a recent paper, Rebecca Diamond, an assistant professor of economics at...
Confidential Paper Shredder
Time after time companies doing business in emerging economies have weathered criticism for their poor environment and labor practices, and over the past decade, many multinationals have addressed these sort of issues in their supply chains, with varying degrees of success. Now, companies face an...
Ron Johnson
When Ron Johnson started his retail career 30 years ago, the man who would go on to create the retail experience that we now know as the Apple Store, was entering “a startup field.” Venture capitalists were funding retailers not technology companies. “That's when Mickey (Millard) Drexler first...
Silhouette of a man drinking wine.
The next time you are tempted at the cocktail reception to gulp your wine before you head to the table, think again. New research suggests you'll actually enjoy the wine more if you drink it while you nibble, and enjoy it more and sooner in the future if you don't continue drinking until you are...
Former Enron CEO Jeffrey Skilling testifying on Capitol Hill.
During the darkest days of the financial crisis, banks came under scathing criticism for using traditional accounting practices to minimize their massive losses tied to junk mortgages. The culprit, according to many financial reformers, was the practice of valuing financial assets on the basis of...
Sanofi-Aventis CEO Chris Viehbacher and Genzyme CEO Henri Termeer
Here’s a tip for those who like to predict corporate takeovers: Look for companies where the chief executive is turning 65. Not 63, mind you. And not 67. The magical moment for mergers is specifically the traditional retirement age of 65. A new paper coauthored by Dirk Jenter, associate professor...

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