# Prof. Aswath Damodaran's research on stocks and transparency

1 July 3, 2013 livemint.com ![Livemint logo](/sites/default/files/styles/246w/public/assets/images/livemint%20feature.jpg?itok=nIqY0pI_)>

Excerpt from [LiveMint](http://www.livemint.com/Opinion/BPuj1a9Z1GHItqEtKu0KOP/The-simplicity-premium-in-MA.html) -- "[Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran) of the Stern School of Business, in his paper titled The Value of Transparency and the Cost of Complexity, argues investors give a higher discount to a complex business model over a simpler one."

[Read more](http://www.livemint.com/Opinion/BPuj1a9Z1GHItqEtKu0KOP/The-simplicity-premium-in-MA.html)