Private companies are much more focused on the long term when making deals
than their publicly owned counterparts. Which side has the right idea?
An underinvestment problem is an agency problem where a company refuses to
invest in low-risk assets, in order to maximize their wealth at the cost of the debt ...
Fears that US companies underinvest by paying too much back to shareholders
are unfounded. Rather, the rise in buybacks reflects changes in the economy.
Aug 20, 2014 ... Why Firms Underinvest in Public Relations .... diplomat's focus should not be on
lambasting insiders for past failings but on future improvement.
Sep 23, 2014 ... is Bernstein (forthcoming), who documents that public firms pursue lower ...
mortality has a present value to current and future generations.
Aug 24, 2015 ... The latest public figure to embrace this diagnosis is Hillary Clinton. ... To the
extent that companies are underinvesting in the future, the blame ...
16 hours ago ... This Business Software Company Just Filed to Go Public August 26, 2016 ...
Companies have to make bets to create a window on the future. ... will almost
always lead companies to under-invest in the innovations that might ...
the differential future profitability of public versus private firms and the factors that
..... because of the greater access to capital, to underinvest to ensure that the.
Feb 19, 2015 ... Companies with the most efficient factories could manufacture ... Thus, a
manager pressured to maximise short-term earnings may underinvest in his
company's future. .... European Public Choice Society Annual Meeting 2017.
May 26, 2015 ... Magazine · WSJ Puzzles · Off Duty Podcast · The Future of Everything .... New
data reveals S&P 500 companies spent 36% of cash flow on shareholder ... such
as buybacks or dividend increases, while underinvesting in innovation, .... points
between the company's 1999 initial public offering an...