Category: Finance

Displaying 31 results

Can Finance Do Good?

The concluding discussion of the three-day Business + Society conference was titled “Finance in Society,” and dealt with both the tension and the possibility in that relationship.
Feature
Finance

Can We Fix the Financial System?

Six highly influential policymakers surveyed the current state of the world’s major financial institutions and discussed how to prevent another crisis.
Feature
Finance

What Should Finance Do for Society?

The financial crisis of 2008 is a looming figure in current economic thinking. The global economy is still slowly recovering from the shock, and policymakers and academics continue to discuss the structural changes needed to prevent a recurrence. The stress of the last half decade has made two things very clear: A productive and innovative financial system is essential to the broader economy, but financial innovations made irresponsibly—without consideration of systemic risk and other impacts on society—can wreak havoc.
Q & A
Finance

Can We Prevent Future Crises?

Was the 2008 financial crisis a one-time event or the first example of a new pattern? Professor Gary Gorton argues that the history of banking shows that there’s a real risk of future upheaval in financial markets.
Video
Finance

Does the past help us predict the future of financial markets?

The increasing complexity of financial instruments, the growing globalization of markets, and the increasing scale of major financial institutions all collided in the financial crisis of 2008. Has the crisis changed the markets for good? Should we expect major shifts in the long-term returns and volatility of different asset classes? What are the long-term consequences of automated trading, globalization, and other macro-trends?
Video
Finance

Why Owning a Home Isn’t Always a Virtue

In the New York Times, Professor Robert Shiller writes that the United States should reduce government subsidies for homeownership, while finding another way to promote household saving.
Opinion
Finance

How much has investment banking really changed?

The investment banking industry has been subject to new scrutiny, increased regulation, and changing capital requirements since the financial crisis of 2008. How much has this changed what bankers do? Yale Insights spoke with industry veteran Fred Terrell '82.
Video
Finance

What are the forces changing the banking industry?

John Shrewsberry, the president of Wells Fargo Securities, outlines how government regulation and the ongoing tight credit environment are affecting the banking industry—and how big banks can keep up with the rapid pace of change today.
Video
Finance Marketing

What are the realities of microfinance?

New research is debunking myths about microfinance and showing how organizations can effectively address problems associated with poverty. Yale faculty Dean Karlan, Tony Sheldon, and Rodrigo Canales discuss the problems and the promise in the field of microfinance and the lessons for other kinds of social enterprise.
Video
Economic Development Finance

Does focusing on shareholder value hurt shareholder value?

Shareholders own the corporation, so managers should maximize returns for shareholders, right? Corporate law expert Lynn Stout says that there are problems with this argument, starting with the fact that legally shareholders don't own a corporation. On top of that, she says, prioritization of shareholder value harms returns in the long run.
Q & A
Corporate Governance Finance Investing