Executives are often given bonuses that "vest" on a particular date. If the share price is high on that date, regardless of the reason, they get payouts.
The coronavirus stock market crash is more jumpy, and harder to rein in, in part because of the role of retirees.
Australia has more to fear than most countries from a global trade and currency war. All eyes will be on the Reserve Bank governor Friday as he attempts to outline what might happen.
The Conversation's distinguished panel predicts unusually weak growth, dismal spending, no improvement in either unemployment or wage growth, and an increased chance of recession.
Monday's share market surge was a pure as any a test of what the market thought.
The Conversation has assembled a forecasting team of 19 academic economists from 12 universities across six states. Together, they assign a 25% probability to a recession within two years.
The only predictor of boards reaching 30% female directors is if it has a director who sits on another board that has already met the target.
Fears of a currency war have not come to fruition in Asia, making Asia's current market woes look even more like the effects of contagion.
By assuming that prior service on a board is the prerequisite to success, companies are overlooking a large pool of talented women.