Informal finance is often believed to be expensive and in limited supply. But most informal investors -- family and friends -- offer funds cheaply; and...
Payout policy is an important component of a firm’s ability to maintain financial flexibility. Given the market’s heavy penalization of reductions...Read more
Dr. Tom Gosling interviews Albert Choi, Paul G. Kauper Professor of Law at University of Michigan to discuss his recent paper, “Pricing Corporate Governance”.