Financialization
The Corporate Erosion of Capitalism Share This
Download this research brief [PDF – 1MB] Executive Summary This research brief provides a systematic, firm-level study of declining business investment and the recent transformation of the typical American corporation’s business strategy to one that disgorges cash to shareholders while failing to replenish its capital base. The study uses the Standard & Poor’s Compustat database […]
We’re Just Speculating Here… Share This
On a list of people who understand international investment, the president of the International Institute of Finance surely belongs near the top. So I was surprised to find myself, midway through a panel discussion last October, correcting the holder of that office on that very topic. At issue was “Foreign Direct Investment” (FDI), which entails […]