# Profs John Asker and Alexander Ljungqvist on investment practices

1 Faculty News September 21, 2012 ![Forbes logo](/sites/default/files/styles/246w/public/assets/images/con_030508.jpg?itok=SId6k3bx)>

Excerpt from [Forbes](http://www.forbes.com/sites/sageworks/2012/09/21/private-companies-invest-more-than-publicly-traded-firms/) -- "Public companies also invest 'in a way that is considerably less responsive to changes in investment opportunities, especially in industries in which stock prices are quite sensitive to earnings news,' write [John Asker](http://www.stern.nyu.edu/faculty/bio/john-asker), associate professor of economics at New York University’s Stern School of Business, Joan Farre-Mensa, assistant professor at Harvard Business School, and [Alexander Ljungqvist](http://www.stern.nyu.edu/faculty/bio/alexander-ljungqvist), NYU professor of finance and entrepreneurship."

[Read more](http://www.forbes.com/sites/sageworks/2012/09/21/private-companies-invest-more-than-publicly-traded-firms/)