The authors discuss research by Nihat Aktas and others concerning why chief executive officers (CEO) create less value with successive acquisitions. Although observers may think that CEO hubris or overconfidence is to blame, the study by Aktas suggests that CEOs are able to correctly assess...

The article focuses on a study by social researcher Ola Sjoberg that determined that governance structures have a major impact on the way in which corporate earnings are distributed. The authors discusses alternative explanations for income inequality. They suggest that the effects of the U.S....