Two Bocconi studies show that these transactions offer insiders in highimpact companies greater incentives to pursue risky investments. And to explain it, the author uses a thought experiment that at the time of Covid could have involved Pfizer, Netflix and Zoom

Illiquid bonds: this is the preferred form of investment by insurance companies, which can thus count on predictable and stable cash flows over time. Given the high competitiveness of the sector, the return obtained is thus transferred to policyholders through a lower price for insurance

The isolation of the Russian Federation and its expulsion from the Council of Europe are points of no return. The latest act was the resolution condemning the forcible Russification of Ukrainian children and the consequent request to allow the safe return to their families

In the age of artificial intelligence and geopolitical complexity, digital, sustainability and human capital are the dimensions you need to read the world today, in order to make decisions that guide the life of organizations and society. We publish an extract from Gianmario Verona's latest book for Egea, discussing how decision making is evolving based on his experience as Rector of Bocconi and his interviews with 50 CEOs and policy makers

The first is historically the one in which the convertibility of public and private money is guaranteed and the central bank therefore carries out supervisory activities; the second is the one that sees the abandonment of the gold standard and the risk of political interference; the third is the current one, characterised by independence and a focus on monetary stability. The horizon now is the completion of Banking Union

With increasing competition and the streaming sector maturing, how Netflix can face challenges to its business model and strategy