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Why Are Returns to Private Business Wealth So Dispersed?

Key Question Being Explored in This Insight:

Corina Boar discusses why accounting returns for privately held businesses are dispersed, persistent, and negatively correlated with firm equity. 

Institution: New York University

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Corina Boar discusses why accounting returns for privately held businesses are dispersed, persistent, and negatively correlated with firm equity. 

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Image courtesy of interviewee. April 11, 2022

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