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Shareholder Value: Outdated and an Obstacle to Corporate Success
The pursuit of increased shareholder value is much overrated, may hurt corporations and is certainly not the legal requirement some CEOs hold it to be. In her book The Shareholder Value Myth, legal scholar Lynn Stout of the Clarke Law
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Sheri McCoy: The Avon Lady
Sheri McCoy is one of the relatively few global business leaders to have risen through the ranks of a major multinational. Having been overlooked in the search for a CEO at Johnson & Johnson, where she had risen to the
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Now Even More Powerful: Our Hero Helen Clark
Helen Clark, born in 1950, served as New Zealand’s prime minister from 1999 to 2008. She was the first woman to be elected PM of her country and upon leaving office was celebrated as the ‘Greatest Living New Zealander’ in
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Reef of Contention: Spain Talks Tough on Gibraltar
The Spanish government is taking a cue from Argentina: Whenever beset by apparently insurmountable problems and tanking approval ratings, find some external issue in order to rally the nation around the flag. In times of domestic troubles, successive Argentine governments
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Doomsayers Enjoying a Field Day with Deutsche Bank
A tiny but apparently growing number of pundits is pretty sure the Deutsche Bank will shortly tumble and fall. As a systemic – if not essential – bank, the DB will not descend into insolvency on its own. Those in
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Maxima – Busy at Work
The people of The Netherlands quickly came to adore the young, attractive Argentinian economist Maxima Zorreguieta who married their Crown Prince Prince Wilem-Alexander in 2002. Trained as a private banker with a good understanding of emerging markets, she is the
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Karen Agustiawan – Confirmed for Second Term at Pertamina
Karen Agustiawan had her tenure as CEO of PT Pertamina (the Indonesian state owned oil company) extended for a further five years in June this year. In recent years most of her predecessors have not even completed a full term
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Otaviano Canuto, World Bank Group: China, Brazil – Two Tales of a Growth Slowdown
China and Brazil are both facing a growth slowdown, as compared to the period prior to the global financial crisis. They were both able to respond with aggressive anti-cyclical policies to the post-Lehman quasi-collapse of the global economy. In both
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Super-Size My Pay: US Fast Food Workers Walk Off Job
Thousands of workers in the US fast food industry went on strike earlier this week to demand a super-sizing of their pay. The walkout started on Monday in New York City and has now spread to several major cities. The
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Female Head of Petrobras is the ‘Inside Outsider’
As the first female CEO of a major global oil company appointed by Brazil’s first female president, there has been much interest in Maria das Graças Silva Foster. But her acquired role at Petrobras should have come as no surprise.
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