Various plans developed by the Alberta Electric System Operator (AESO) have indicated for some time a need for expansion of the Alberta electrical transmission system. This was also recommended in Alberta's Provincial Energy Strategy released in December of 2008 and it seems generally accepted...

Senior executives face a merciless treadmill from shareholders who seek an adequate return on their capital and demand increasingly higher levels of performance. These executives know the consequences of failing to meet these expectations - the share price falls and management shake-ups are...

“Postmodern” corporate finance builds on the principles of modern corporate finance while restoring at least part of the emphasis on top-line growth that prevailed before the intense emphasis on returns on capital brought on by the ongoing shareholder value movement. The vast majority of...

A team of practitioners summarize actionable, research-based suggestions for overcoming barriers to effective corporate capital allocation in the current business environment. The authors studied more than 30 companies that use economic profit (EP) in executive compensation and found they...

There has been much debate about the relationship between a company’s pursuit of purpose and the value it creates for both stakeholders and shareholders. Recent studies have shown broad company statements of purpose may create a false façade that is unsupported by changes to company...

Using a tried and tested measure of management practices which has been shown to predict firm performance, we survey nearly 250 departments across 100+ UK universities. We find large differences in management scores across universities and that departments in older, research-intensive...