Thursday, June 9, 2011
One of the most pleasurable experiences a reader can have is a new book by Al Rappaport on a subject in which they are interested. His Saving Capitalism from Short-Termism insightfully exposes the contradictions by which we incentivize money managers to require short term focus by company managers. “Incentive…
June 9, 2011 | responsible ownership
, shareholder activism
, value
Thursday, May 19, 2011
This is the seventh post in my effort to clarify corporate governance terms and concepts that now seem misleading to me. We all know what these words mean in a literal sense but in the context of governance, of business and of our post-crash world do they still mean…
May 19, 2011 | responsible ownership
, shareholder activism
, ownership
, institutional investors
, value
, Disinformation
Tuesday, April 26, 2011
It is rare in reading a book, as I did over the weekend -- Fixing the Game by Roger Martin -- that you can identify a single sentence that fully expresses how you experience the entire book. On page 129, after dismissing the appropriateness of stock market value as…
April 26, 2011 | value
, CEO Pay