Finance
CEOs Invest Less in Corporate Social Responsibility When Their Own Money Is At Stake
A study co-authored by Yale SOM’s Kelly Shue finds that when CEOs have a larger financial stake in their companies, or when they face stronger shareholder oversight, they cut back spending on corporate social responsibility efforts.
Three Questions: Prof. Andrew Metrick on the Stock Market and the Economy
It’s been a dizzying week on Wall Street. We asked Yale SOM’s Andrew Metrick if the volatile stock market also means trouble for the broader economy.
Can Blockchain Become the Infrastructure of Financial Services?
Blythe Masters aims to remake the infrastructure of financial services with blockchain distributed ledger technology.
Can a Place Built on Global Banking Survive Britain’s Retreat from Europe?
Professor William Goetzmann discusses the uncertainty facing the financial hub at Canary Wharf as Britain moves steadily toward its divorce from the European Union.
Three Questions: Prof. Robert Shiller on Bitcoin
We asked Professor Robert Shiller, who has written about the economic and psychological aspects of market speculation, if Bitcoin is a bubble.
How Tales of ‘Flippers’ Led to a Housing Bubble
Yale SOM's Robert Shiller writes that widely repeated narratives of getting rich in real estate drove a housing bubble a decade ago—and could do so again.
Is Our Financial System Still at Risk?
Yale’s Andrew Metrick discusses what we learned from the last financial crisis and areas of concern for the future.
Should You Invest in Uncertain Environments?
A focus on fundamentals can reveal opportunities in the Middle East, despite conflict, political upheaval, and economic uncertainty.
What Happens When the Same Investors Own Everything?
Diversification means that in many industries, companies are owned by an overlapping set of investors, reducing their incentive to compete.
Did Finance Make Civilization Possible?
Prof. William Goetzmann traces the millennia-long relationship between finance and the growth of civilization.
Can Financial Markets Move Beyond Politics?
Once you start pulling at the strands, the intertwined political and financial systems can prove very difficult to separate. A panel of financial veterans at Yale SOM’s Future of Finance conference considered recent government interventions in markets across a number of countries, and what they mean for investors.