Michael Hecht is the CEO of GNO Inc. Daniel Erspamer is chief executive officer of the Pelican Institute. Stacey Roussel is deputy director of Invest in Louisiana. They recently discussed the pros and ...

When a company considers adding new jobs or making new investments in their company, many state and local authorities offer tax incentives to support that growth. However, many companies don't possess ...

The principal-agent problem is a powerful economic concept. One party, the principal, desires the other party, the agent, to engage in an activity for the principal’s benefit. But once the two sides ...

Executive compensation plans are a useful tool for aligning the interests of management with those of shareholders. But we find that for pharmaceutical and biotechnology firms in particular, good ...