The empirical relationship between executive compensation and firm value is still unresolved. We offer an orthogonal approach using organization capital (OC) to measure the role of key talent in firm value creation. We decompose OC into: (1) portable economic rents from key talent in the form of...

Fintech firms mobilize information technology to provide intermediation services using a broker methodology, whereas dealer banks intermediate using leveraged balance sheets. The integration of Fintech into banking may reduce the unit cost of intermediation by shifting the production function...