# Profs John Asker and Alexander Ljungqvist's research on reinvesting is featured

1 Faculty News July 17, 2013 ![](/sites/default/files/styles/246w/public/assets/images/con_042834.jpg?itok=Dh1hkqvh)>

Excerpt from [Morningstar](http://news.morningstar.com/articlenet/article.aspx?id=602967) -- "In 'Corporate Investment and Stock Market Listing: A Puzzle?,' professors [John Asker](http://www.stern.nyu.edu/faculty/bio/john-asker), Joan Farre-Mensa, and [Alexander Ljungqvist](http://www.stern.nyu.edu/faculty/bio/alexander-ljungqvist) held company size and industry constant and found that the private companies in their (new and extensive) database plowed an average of 6.8% of their assets back into their businesses each year, as opposed to 3.7% for the public companies."

[Read more](http://news.morningstar.com/articlenet/article.aspx?id=602967)