Why aren’t companies speeding up investment? A new theory offers an answer to an economic paradox
- Written by David Ikenberry, Professor of Finance, Leeds School of Business, University of Colorado Boulder
For years, I’ve puzzled over a question that seems to defy common sense: If stock markets are hitting records and tech innovation seems endless, why aren’t companies pouring money back into new projects?
Yes, they’re still investing – but the pace of business spending is slower than you’d expect, especially outside of...
