Lynn Stout, the distinguished professor of corporate and business law at Cornell Law School, is the author of "The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, ...

Monopolistic competition sits between perfect competition and monopoly. Many firms compete, but each sells slightly differentiated products. This differentiation gives them some, but not complete, ...

Since the late 1970s, when American companies were fat and complacent, the focus of American business has been on the bottom line. Spurred on by activist shareholders, private-equity firms, and ...

Econometrica publishes original articles in all branches of economics - theoretical and empirical, abstract and applied, providing wide-ranging coverage across the subject area. It promotes studies ...

Business leaders should analyze historical data and consult advisors to create a realistic budget and maximize profits during lucrative summer months. Reviewing past financial performance and consumer ...

The Tax Cuts and Jobs Act (the “Act”), signed by President Trump on December 22, 2017, changed the manner in which taxpayers can approach the overall structure of their businesses. The Act includes ...

In these economic times, it is essential to focus on customer retention. Why? Because customer retention is key to maximizing profits. Retaining customers costs less than acquiring new ones, and ...