If you protect the fruit trees, they will naturally produce fruit In dairy, keeping cows is for the aim of milking them. Cows amount to fruit trees and milk to fruit. Dairy farmers take good care of cows in the same … 2021-02-22 Noriyuki Morimoto Business risk and moral hazard The relationship between insurance and moral hazard is a classic issue. For example, insurance that pays for failing an exam induces moral hazard by i… 2021-02-08 Noriyuki Morimoto Negligence in the name of long-term management Under the name of long-term investment, corporate pension funds often have the policy of maintaining a certain allocation of assets regardless of chan… 2021-01-25 Noriyuki Morimoto Cash is king When a financial crisis hits, real estate companies suffer slower sales, and their cash flow quickly deteriorates due to the difficulty of raising fun… 2021-01-12 Noriyuki Morimoto «123