Thought Leadership

Critics come down hard on shareholder primacy. But Maryland Smith professor Michael Faulkender says people err when they overlook risk/reward economics.

Companies have built-in incentives to avoid short-termism. But they fall into the myopia trap when they confuse value creation with income maximization.

Standing in front of the closet figuring out what to wear in the morning doesn't get any easier just because it's summer. If anything, it's harder.

The race between active and passive investment management is becoming really interesting. After years of growth among passive funds, experts are starting to ask: What's at risk?