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Research: Could Machine Learning Help Companies Select Better Board Directors?

Harvard Business Review

corporations between 2000 and 2011. We found that firms tend to choose directors who are much more likely to be male, have a large network, have a lot of board experience, currently serve on more boards, and have a finance background.

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How Could I Miss That? Jamie Dimon on the Hot Seat

Harvard Business Review

In 2011, the company dropped its requirement to exit investment positions when losses exceeded $20 million. Strikingly, the executives involved in these cases did not make the classic decision-making errors that have been so well documented in the fields of behavioral decision research, behavioral economics, and behavioral finance.

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How to Know If a Spin-Off Will Succeed

Harvard Business Review

The outsiders provide new blood in support functions such as finance, legal, or administration. And while luck plays a much bigger role in explaining business success than managers like to believe, as Daniel Kahneman points out, the examples here clearly demonstrate that you can always give luck a helping hand.