Capital If there is one universal attribute that applies to all investors, it is the undying thirst for higher returns. Venture capital (VC) is founded on this fundamental premise, as it has great potential to provide returns far in excess of conve Continue Reading...
Modigliani and Miller famously argued that all other factors being equal, capital structure is irrelevant. In the real world, however, things are not equal. So the different assumptions that underlie the core of MM, as the theory is known, do not exi Continue Reading...
Future Trends for Civil Aviation The importance of a viable civil aviation sector to national security has been well documented, but the aviation industry continues to struggle with skyrocketing fuel prices and highly regulated operational environm Continue Reading...
Governments are interested, not only in promoting private entrepreneurship, but in becoming more entrepreneurial themselves. At the same time, regulatory bodies have been sharply criticized for allowing too much creativity and experimentation (e.g., Continue Reading...
In addition, liability insurance covers damage done to other's property, should the insured become legally liable for the damages. Boiler insurance was originally created to cover loss due to insureds owning a pressure boiler. However, today, boile Continue Reading...
ethics in the business and accounting communities has been a topic of broad discussion. From the collapse of Enron to the mishaps of Andersen the country has seen the most tumultuous ethical behavior in the history of our nation. The purpose of this Continue Reading...
O'Hagan, the SEC could successfully bring a lawsuit against Leo for damages in connection with his purchase of the shares. Larry was not bound by fiduciary duty to Hawke. As such, the higher standard of Chiarella v. United States applies. While thi Continue Reading...
