article thumbnail

Entrepreneurship Suffers When Well-Paid Jobs Are Plentiful

The Horizons Tracker

They believe that their findings add additional nuance to the current narrative that suggests that the decline in entrepreneurship is largely a consequence of higher startup costs, labor constraints, or even the aging population.

article thumbnail

Divestment Alone Won’t Beat Climate Change

Harvard Business Review

Divestment can theoretically address this market failure by limiting investment by the fossil fuel industry by depressing company valuations and thereby increasing the cost of capital. For many companies, most of the capital expenditures are financed from internal cash flows and bank financing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Divestment Alone Won’t Beat Climate Change

Harvard Business Review

Divestment can theoretically address this market failure by limiting investment by the fossil fuel industry by depressing company valuations and thereby increasing the cost of capital. For many companies, most of the capital expenditures are financed from internal cash flows and bank financing.

article thumbnail

Providing Earnings Guidance? Think Again

Harvard Business Review

FD) constraints. Less Volatility in Stock Price: The net effect of providing guidance is arguably a less volatile stock price, which can result in a lower beta and a lower cost of capital. Otherwise, they may be shackled by Fair Disclosure (Reg.

CFO 10
article thumbnail

The Comprehensive Business Case for Sustainability

Harvard Business Review

“Stranded assets” are investments that become obsolete due to regulatory, environmental, or market constraints. Water-related risks threaten to strand billions of dollars for mining, oil, and gas companies. billion in mining projects since 2010. Fostering innovation.

article thumbnail

Is Your Business Biased Against Innovation?

Strategy Driven

The logic of NPV is to project cash flows into the future and then discount those flows back into today’s dollars at a given cost of capital. Most business models grow up in an era when certain kinds of constraints are difficult to overcome. Now, as you move toward digital production, those constraints change.