Capitalisn’t: The Capitalisn’t of Banking
Stanford’s Anat Admati describes how we can build a better financial system.
Capitalisn’t: The Capitalisn’t of BankingWhy banks pay ever-larger dividends
Investors use the payments as a proxy for financial strength
Paying regular and increasing dividends allows banks to signal confidence about their solvency.
Eric Floyd, Nan Li, and Douglas J. Skinner, “Payout Policy through the Financial Crisis: The Growth of Repurchases and the Resilience of Dividends,” Journal of Financial Economics, November 2015. Chart reprinted with permission from Elsevier.
Stanford’s Anat Admati describes how we can build a better financial system.
Capitalisn’t: The Capitalisn’t of BankingDo your choices reflect the marginal utility of money for you?
One Factor You May Be Leaving Out of Your Financial Decision-MakingThey’ve applied millions of ‘disaster flags’ to credit files, masking missing payments.
How Lenders Are Providing Natural-Disaster InsuranceYour Privacy
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