Does financial reporting misconduct pay off even when discovered?
Experts and popular beliefs suggest that it pays to engage in financial misconduct due to lax enforcement and punishment after 2003.
Experts and popular beliefs suggest that it pays to engage in financial misconduct due to lax enforcement and punishment after 2003.
Entrepreneurs are different from other people. Their talent lies in imagining a new solution or a fresh approach that gives the world something it may not have even realized it needed. Building a successful enterprise from start-up to sustained profitability demands total immersion.
Dynastic-controlled firms are led by founding-family CEOs while the family owns an insignificant share of equity (defined as less than 5%).
The claim that most family businesses fail in the third generation is refuted in this study by Thomas Zellwegger and colleagues.
In collaboration with the Columbia Global Center Nairobi, Kenya, Patricia M. Angus, Adjunct Professor and Managing Director, Global Family Enterprise Program, joined a panel of experts to explore how family businesses in Africa are evolving as sustainable growth drivers.
Columbia’s Earle W. Kazis and Benjamin Schore Professor of Real Estate, Stijn G. Van Nieuwerburgh, explores how long-term interest rates track with wealth inequality.
The New Ideas in Family Firms Academic – Practitioner Conference, co-hosted online with Columbia’s Global Family Enterprise Program and INSEAD’s Wendel International Centre for Family Enterprise, took place on May 7, 2021. Leading academic researchers and global practitioners discussed the role of the family enterprise in society, the meaning and potential for ESG practices, and ways that the pandemic has impacted family enterprise advisory work
In contrast to decades of research reporting surprisingly weak relationships between consumption and happiness, recent findings suggest that money can indeed increase happiness if it is spent the “right way” (e.g., on experiences or on other people).
It appears that couples help each other remember outstanding tasks (“to-dos”) by issuing reminders.
People are more generous toward single than toward multiple beneficiaries, and encouraging greater giving to multiple targets is challenging.