Bartley J. Madden
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As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Articles
Bridging the gap between accounting returns and economic returns
INTRODUCTION A fundamental principle in economics (and finance) is that a proposed investment should be greenlighted if its return on investment exceeds the opportunity cost of capital. The economic view says that the greenlighted investment is expected to be a justified use of resources and therefore socially beneficial. An economic return has a precise description.
Michael Jensen's contributions to the theory of the firm: A tribute in three acts
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Extending the pragmatic theory of the firm with shared values and social norms
INTRODUCTION In the new economy, corporate finance is faced with complex environmental, social, and political challenges, including a loss of trust in public corporations to address the wider problems of people and planet.
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