Looking to invest your IRA in companies that take few risks while promising steady, if slow, growth? Just count the churches around company headquarters. That’s the conclusion of two accounting professors in Hong Kong whose recent study reveals that publicly traded companies in the U.S. are less likely to take financial risks — but more likely to grow, albeit slowly — when churchgoing and other measures of religiosity are high within the community where top management is based. Warren Buffett made headlines in late February commenting on how public companies should manage risk, ... Read More