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Social Responsibility

How have corporate social responsibility initiatives helped eliminate diseases and improve social welfare recently?

How have corporate social responsibility initiatives helped eliminate diseases and improve social welfare recently?

Which corporate social responsibility initiatives have had the greatest social impact in recent years? There is no reliable single ranking: a treatment that prevents disease, a pro...

Investments and Business

How random walk models outperform analysts in earnings forecasts

How random walk models outperform analysts in earnings forecasts

Analysts' long-run earnings growth forecasts are less accurate than a naive model that simply predicts zero growth. That is not a provocation: it is the literal conclusion of an evaluation published in an accounting and finance journal. And there is more: the random walk beats an...