In 1943, shortly after the German Blitzkrieg destroyed the Common Chamber of Parliament, Winston Churchill said, “We shape our buildings and afterwards, our buildings shape us.”
“We aren’t turning into a global marketplace—we have been one,” says Auburn Student Investment Fund (ASIF) vice president Jimmy Brewster.
Imagine the ten most populous cities in the world. Local economies are improving. Buying power is increasing. Retail is saturated with online customers. It’s a potential supply chain nightmare—one that Harbert expertise can help avoid.
Like businesses everywhere, small businesses in impoverished nations also depend on loans—often very small loans, or microfinancing—to get off the ground. Whether it’s operating a vegetable stand, selling goat milk, or offering other merchandise, a little financial jolt from the bank helps kick-start the business.
Many companies focus on benevolent practices, humanitarian aid, or community service. But a strong corporate social responsibility record does not necessarily translate into better brand perception.
As finance professors, we have studied payday loans, banking, and small credit generally for years. We offer these thoughts on the FDIC’s request for information on small-dollar lending.
Brokering a Research Partnership
Harbert College researcher says algorithms hold key to fighting fake news.
Extended product return time policies attract more customers and cultivates customer trust.
We’d like to think that strong governance can deter fraud and other acts of malfeasance, but it doesn’t always work that way.