HOW EFFECTIVE ARE EXPERT TV HOSTS AT SAVING FAILING BUSINESSES?
Abstract
The profit and loss system is an integral part of a dynamic market economy. Losses eliminate businesses that are inefficiently managed or whose products no longer provide sufficient value. Almost a dozen popular television shows feature entertaining expert hosts claiming to “save” failing businesses with injections of physical and human capital. We undertake the first comprehensive analysis of these shows, calculating the failure rates of the...
Paper Details
Title
HOW EFFECTIVE ARE EXPERT TV HOSTS AT SAVING FAILING BUSINESSES?
Published Date
Mar 30, 2018
Journal
Volume
37
Issue
1
Pages
9 - 24
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