Wanted: Board of directors’ member with bankruptcy experience

Wanted: Board of directors’ member with bankruptcy experience

Olin Business School researchers were part of a team that learned firms take more risks after a member of their board of directors undergoes a bankruptcy at another firm where they serve as a director. The co-authors discovered such risk-taking usually occurs when this particular director both experienced a quick, less-costly bankruptcy elsewhere and serves in a position of greater influence.
The vexing vax supply chain

The vexing vax supply chain

The cold, hard fact is: Pfizer blazed a trail in creating a touted COVID-19 vaccine, but now it must help to equally pioneer an unprecedented way to distribute the drug across the United States and the globe, says a supply chain expert at Washington University in St. Louis.
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