What drives deposit rates after bank mergers? Not just market power
Local concentration may be less important than institutional tendencies toward interest-rate convergence.
The latest
How collecting better data can improve your profits
Third-party financial and operational audits deliver big benefits.
Has Dodd-Frank discouraged voluntary disclosures?
What incentives does the financial regulation provide to big banks?
How likely is that company to survive a downturn?
Research identifies 12 accounting fundamentals that could predict failure during a recession.
Tax-code changes appear to have failed to curb short-termism
Research finds no evidence that companies affected by the Tax Cuts and Jobs Act changed total compensation, compensation mix, or pay-performance sensitivity.
Latest from the Magazine
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The populism puzzle
What caused the uprising that has transformed global politics?
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Could anything unite the United States?
Cultural and political divisions have persisted for decades. Now there’s a growing gap in how Americans see each other.
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How racial bias infected a major health-care algorithm
A design decision resulted in significant disparity in who was identified for enrollment in a care-management program.
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Is there a culture problem among startups?
Chicago Booth’s Steve Kaplan and Starr Marcello are joined by New York Times reporter Mike Isaac to discuss the role of corporate governance in entrepreneurship.
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Retailers underestimate the power of a penny in pricing
Many companies don’t recognize the potency of customers’ “left-digit bias.”
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States are already paying for unfunded pensions
Large, unfunded state pension liabilities are a costly problem—and the cost is already reflected in current bond prices.