19 Jan 2023 Spoils System? Better to Reward Performance and Young People This system has always been adopted to distribute offices and favors, and has produced an unstable, poorly qualified and elderly bureaucracy. As explained in the interview with Giacinto della Cananea
31 Jan 2023 The impact of Big Tech in three moves Reduction of information asymmetries, modularity, cocreation of product/service are the factors that measure the potential market impact of digital platforms and need to be considered by companies and policymakers dealing with them
27 Jan 2023 How consistent this fiction is! It seems true Foundational, legal, justificatory, cognitive, and constitutive: five types of fiction, i.e. statements that are knowingly false but accepted in order to achieve a good legal consequence
24 Jan 2023 More rules, less information A study of on the reporting of risk by oil companies listed on 20 financial markets shows that voluntary disclosure of nonfinancial risks decreases with a high level of mandatory disclosure because companies no longer perceive it as beneficial. Regulators and market authorities are warned
20 Jan 2023 Venture Capital: greasing the wheels of MA markets? A research paper investigates the relationship between startups and venture capitalists, showing that earnouts are lower when venture capital firms are involved
17 Jan 2023 My Name Is Bond, Green Bond Investors are increasingly attracted to this new class of bonds whose supply, while rapidly increasing, is still low relative to demand. A study highlights the yield spread between traditional bonds and green bonds, concluding that the possibility of collecting resources at a discount does a double service to the entire system