Remove Corporate Finance Remove Covariance Remove Equity
article thumbnail

A Return to Teaching: The Spring 2023 Edition

Musings on Markets

Starting in late January 2023, I will be back in the classroom, teaching valuation and corporate finance to the MBAs and valuation to the undergraduates, and these classes will continue through May 2023. The class starts with a question of what the end game should be for a business (profitability, value, social good?),

article thumbnail

The Factors that Matter for Growth in Institutional Ownership

Reynolds Holding

equity market. And yet, few scholars have examined how exactly the Big Three, and institutional investment managers more broadly, exhibit growth in equity ownership. Consider, for example, corporate repurchases. It is based on their recent article, “Flows, Financing Decisions, and Institutional Ownership of the U.S.