Faculty News
Professor Alexander Ljungqvist's joint research on corporate investment is highlighted
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![Forbes logo Forbes logo](/sites/default/files/styles/480w/public/assets/images/con_030508.jpg?itok=C4Xqx5A4)
Excerpt from Forbes -- "Financial resources are being diverted from needed investments in innovation. A brilliant study by economists from the Stern School of Business and Harvard Business School, compares the investment patterns of public companies and privately-held firms. They found that, keeping company size and industry constant, private US companies invest nearly twice as much as those listed on the stock market: 7% of total assets versus just 4%."
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