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Michael Mankins
Author Archive
2026
Jun 25, 2026
As Capital Costs Rise, Companies Need More Discipline
After years of cheap capital, many companies drifted away from managing for shareholder value in favor of loosely defined stakeholder models. Now capital costs are moving back toward...
Jun 24, 2026
The End of Cheap Capital
As the era of cheap capital comes to an end, executives will need to relearn the discipline of rigorous capital allocation.