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Blog Entries in August 2023

How Should Companies Prepare for Debt-Ceilings Standoffs

Since a major realignment of the U.S.’s two-party political system is unlikely, we can expect partisan conflict and the subsequent debt-ceiling standoffs to continue for the foreseeable future. Corporate managers must not regard debt-ceiling crises as just political gimmicks, as they repeatedly and predictably affect firm profitability, growth prospects, and uncertainty. Managers must proactively gather information,...
Posted by: Vijay Govindarajan - 08/22/2023 at 06:08 am

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