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Corporate Finance

6 Ways to Shake Up Your Budgeting Process

It’s time for the annual budget game. You know the drill. Ask for twice as much as you need so you’ll get enough. Hide some “fat” that you can cut when ordered to trim down. Then spend your full allocation because if you don’t, next year’s budget may be reduced.

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Well-Connected Chiefs Are Weak M&A Dealmakers, Study Says

In a study that focused on how chief executives capitalize on their relationships, CEOs with the strongest personal networks initiated more mergers and acquisitions than their less connected peers, at the same time producing relatively fewer deals that benefited the companies and investors involved, according to a study by the University of Arkansas.

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