Remove Ethics Remove GAAP Remove Innovation Remove Management
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On Creative Accounting: Two Creativity Myths

Harvard Business Review

Say that in a roomful of managers, and you get nervous laughter. Wall Street's " financial innovations " of recent years seem to have given creativity a bad name. Two myths about creativity underlie the squeamishness: First, that creativity is morally, ethically good. "Creative accounting" is really bad. Except when it's good.

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Calculating the Market Value of Leadership

Harvard Business Review

GAAP and FASB standards require financial reporting of earnings, cash flow, and profitability – all measures that investors have traditionally examined. To gain more insights into a specific firm, investors have shown more interest in intangibles like strategy, brand, innovation, systems integration, collaboration, and so on.