The stock market was taking the election in stride, beginning a rally that could extend through next year. Maryland Smith's David Kass explains three reasons why.
Short-term thinking hurts companies. But finance students at Maryland Smith learn a different approach. They focus on value maximization, not profit maximization.
Companies have built-in incentives to avoid short-termism. But they fall into the myopia trap when they confuse value creation with income maximization.
Critics come down hard on shareholder primacy. But Maryland Smith professor Michael Faulkender says people err when they overlook risk/reward economics.
Companies often use automatic renewals, usually with ample warning to subscribers. But when they're sneaky about renewals, that crosses a line, a Maryland Smith expert says.
It’s left some brands doing a delicate balancing act, debating whether and how to advertise during an event that consistently draws more American viewers than any other TV broadcast.
