Finance

A long line of academic research argues that privately owned companies should be better managed than their publicly owned counterparts. But recent research by Finance Professor Sreedhar Bharath calls this conventional wisdom into question.

Your business is thriving, but to continue to grow, you need capital. Before you enter the market, you need to know what your company is worth. With headlines about outrageously valued start-up companies running side-by-side with stories on volatility in the public equity markets, this is a good time to discuss valuation.

Laura Lindsey, an associate professor of finance at the W. P. Carey School, is an expert on venture capital and private equity, governance and financial contracting. In this column Lindsey touches on finding the right balance when making the decision to finance a business, particularly a small one.

The high volatility that electrified the Phoenix real estate market over the past few years has been replaced by something more like normality. Change is more gradual. The real news is tied to long term trends, which have been shifting, according to Mike Orr, who is director of the center housed at the W. P. Carey School of Business.

Between 1992 and 2001, median compensation for Standard and Poor's 500 more than tripled, but growth in CEO pay was relatively flat before 1992 and after 2001. This longstanding puzzle was explored in research presented at the 2015 ASU Sonoran Winter Finance Conference, hosted by the W. P. Carey School.