Finance – Knowledge@Wharton

Knowledge@Wharton is the online business analysis journal of the Wharton School of the University of Pennsylvania.

• Using a Company’s Own Words to Assess Its Risks

  Using a text-based approach to assess a company's risks by analyzing its own disclosures yields surprising results, according to new Wharton research.

• U.S. Debt: Is It the Calm Before the Storm?

  The U.S. national debt has crossed $22 trillion -- the highest ever. Addressing the problem now, rather than delaying the inevitable, would be the best approach to keeping the economy strong, experts say.

• When Tax Strategies Are Problematic for Firms – and Investors

  New Wharton research finds that aggressive tax planning by accounting agencies can lead to a lack of transparency in firms’ financial reporting.