HBR revives “maximizing shareholder value”—what Jack Welch called "the dumbest idea in the world"—treating customers as ...

In capitalist economies, the primary goal of for-profit companies is to maximize their profits. This doesn't mean that companies focus on profits at the expense of everything else, though. Instead, ...

Sales are the first step toward profits. Without sales, there are no profits. Profit is also called income, net profits and net income. Sales are also called revenues and result from products and ...

Stephen Bainbridge, the William D. Warren distinguished professor of law at U.C.L.A. School of Law, is the author, most recently, of "Corporate Governance After the Financial Crisis." Updated April 16 ...

Every week, it seems, there’s a new financial website with just the right solution for managing your money. “We’ll bucket you.” “We’ll goal you.” “We’ll de-tax you.” “We’ll balance you.” “We’ll ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Michael Boyle is an experienced financial professional with more than 10 years working with ...

Matt Lee is the founding partner of Atlas Growth Capital. He has 3+ years of experience as a consultant and startup advisor. Dr. JeFreda R. Brown is a financial consultant, Certified Financial ...

Rahmattalabi, Aida, Shahin Jabbari, Himabindu Lakkaraju, Phebe Vayanos, Max Izenberg, Ryan Brown, Eric Rice, and Milind Tambe. "Fair Influence Maximization: A Welfare Optimization Approach." ...

The expectation-maximization (EM) algorithm is a cornerstone technique for parameter estimation in statistical models that incorporate latent variables or incomplete data. By iteratively alternating ...