The purpose of this technical note is to explore some of the initial actions that should be taken when starting out in a top management position through the experience of the president and CEO of a global U.S. financial services company – one of the 30 most prestigious companies in the United...

The aim of this technical note is precisely to consider the human dimension of mergers and acquisitions and the way these processes impact people. In the substantial body of scientific literature that exists on this topic, authors discuss the rules and “magic” formulas that lead to a...

La versión española de este artículo se puede encontrar en: 'http://ssrn.com/abstract=2324055' http://ssrn.com/abstract=2324055This study advances research on CEO succession and board monitoring of senior executives by examining how proprietary directors can affect the probability of CEO...

The English version of this paper can be found at 'http://ssrn.com/abstract=2324052' http://ssrn.com/abstract=2324052Este trabajo avanza en la investigación sobre la sucesión del CEO, la composición del consejo y las redes de consejeros, examinando cómo los consejeros dominicales y la...

When you start a new managerial role, there is an inevitable contrast between what you believed you would find and what you're actually faced with. And Now What? helps you manage this gap between expectation and reality, ensuring that you get off to the best possible start in your new job. This...

We look at the Risk-Free Rate (RF) and the Market Risk Premium (MRP) used by analysts in 2015 to value companies of six countries. The dispersion of both, the RF and the MRP used, is huge, and the most unexpected result is that the dispersion is higher for the RF than for the MRP.We also find...

This paper contains the statistics of a survey about the Risk-Free Rate (RF) and of the Market Risk Premium (MRP) used in 2015 for 41 countries. We got answers for 68 countries, but we only report the results for 41 countries with more than 25 answers.The average (RF) used in 2015 was smaller...

This paper contains the statistics of the Equity Premium or Market Risk Premium (MRP) used in 2016 for 71 countries. We got answers for more countries, but we only report the results for 71 countries with more than 8 answers. 54% of the MRP used in 2016 decreased (vs. 2015) and 38%...

Spanish Abstract: La rentabilidad media de los fondos de inversión en España en los últimos 15 años (1,60%) fue inferior a la inversión en bonos del estado español a 15 años (5,83%) y a la inversión en el IBEX 35 (3,28%). Sólo 9 fondos de los 629 con 15 años tuvieron una rentabilidad...