# Professor Aswath Damodaran's research on corporate earnings and investments is referenced

1 Faculty News February 1, 2016 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://www.wsj.com/articles/the-big-number-1454376379) -- "More than half—55%—of nearly 42,000 companies around the world didn’t generate returns on their invested capital last year that were high enough to cover the cost of their borrowings and stock, according to [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a finance professor at New York University’s Stern School of Business."

[Read more](http://www.wsj.com/articles/the-big-number-1454376379)