MIT Sloan Management Review

In a downturn like this one, every company should — in some sense — think of itself as a new business, according to Harvard Business School’s Lynda Applegate.

MIT Sloan School professor Simon Johnson offers an unsettling interpretation of the financial crisis. Also: Federal Reserve Chairman Ben Bernanke spoke about the relationship between financial innovation and consumer protection.

The challenge for managers during a downturn is to find the balance between pursuing too many unprofitable investment opportunities and passing up too many potentially profitable ones.

Liquidity solutions, ‘risk’ accounting, transparency turned into competitive advantage—leading economist Andrew Lo argues that this crisis offers opportunities that are unique.

Here’s an interesting idea: Now may be an opportune time to perform repair work within your organization.

A new study suggests that the effect of institutional investors on innovation in public companies is positive.

It”s time to bring morality back into finance – and time for business leaders to take risk seriously.

Like most major change initiatives, going lean rarely looks good from the start. The operating efficiencies come quickly, yet sales and profits — for a while — get worse. The solution? Adopt a new financial reporting method that captures what’s really happening in the business.

Do stock options for outside directors encourage bolder decision making? Or could such financial incentives actually inhibit risk taking?

The Pension Protection Act of 2006 imposes new fiduciary rules and responsibilities on employers regarding investment advice to employees with 401(k) plans.

Risk management helps people reach consensus and make better-informed decisions that lead to quantifiable results.

With the recent rise in corporate share prices, swelling cash accounts and a weak dollar, prognosticators are heralding the return of strong mergers and acquisitions activity, particularly in the high-tech, pharmaceutical and banking sectors.

Often companies” budgeting processes don”t result in capital being invested optimally. The reason may be that strong personalities trump even well-designed systems. The authors profile five archetypes of bad behavior that line managers use to subvert logical decision making in order to grab resources. They also show how to counteract such behavior and instill values that lead to better use of investment capital.

It’s not the size of the budget but how it is used that determines success or failure of the enterprise.

Executives who carefully cultivate financial market and business cycle literacy are likely to manage their companies better than those who do not.

Managers of pension funds exert different pressures on a company from those who oversee investment funds.

A review of research that explores the link between valuation, activity and performance. Christa H.S. Bouwman, Kathleen Fuller and Amrita S. Nain

Europeans and Americans have traditionally viewed bankruptcy and financial recovery differently. There”s a commitment in the United States to explore options for a “second chance”

I am shocked,shocked to find that gambling is going on in here!” The disingenuousness of Captain Renault’s outrage in the movieCasablanca isn’t lost on the audience, who know that Renault knows exactly what has been going on in Rick’s Café.

It is possible to protect citizens with a progressive structure of defined benefits and still maintain low, stable taxes.