A study at Drexel University’s LeBow College of Business shows that research conducted by investors on the governance of companies in their portfolios puts pressure on those companies to make value-increasing changes.
The number of publicly listed companies has decreased. Strikingly, at the same time, private companies are increasingly raising funding from investors who traditionally focused only on public companies.
Research at Drexel University’s LeBow College of Business dispels the widely-accepted view that executive compensation rewards chief executive officers for good luck, but does not penalize them for bad luck to the same extent.
A study at Drexel University’s LeBow College of Business shows that greater availability of capital funding in the U.S. economy increases the number of small bidders in the market for M&A and affects the relative quality of bids.