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McDonald’s Has to Do More than Manipulate Its Stock Price

Harvard Business Review

The “turnaround plan” recently announced by McDonald’s includes an aggressive program to manipulatively boost its stock price via stock buybacks, an activity that has become the major focus of its corporate strategy over the past decade. For the decade 2005-2014, McDonald’s expended $29.4 The winners.

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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. On the finance and deal side, we also felt a strong kinship with Tsai.

Insiders

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How to Know If a Spin-Off Will Succeed

Harvard Business Review

A 2010 meta-analysis detailed many of the different issues that make divestiture so hard to evaluate consistently. The outsiders provide new blood in support functions such as finance, legal, or administration. ” When it comes to divestitures, bad economics usually get discounted in the transaction price.

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Many Companies Still Don’t Know How to Compete in the Digital Age

Harvard Business Review

By 2005, Kodak ranked No. By 2010, Kodak had clawed its way to No. Initially, as their price and performance improved, they made digital photos easier to take and more attractive to print, causing the sales of both digital cameras and home photo printers to accelerate. digital-camera sales (No. 3 globally).

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The New New International Economic Order

Harvard Business Review

Earlier this week, on April 16, the US nominee Jim Yong Kim was selected over Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo. The choice of who will lead the World Bank has been made. From less than 10% of world exports, they account for nearly 20%.

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What Alan Greenspan Has Learned Since 2008

Harvard Business Review

I tried to get Greenspan to talk me for my November HBR article on economics and finance since the crisis , but he said he’d promised his publisher to keep mum until the book was out, which was too late for my purposes. It was the form in which the asset was financed. I finally did pay a visit to his office in D.C. And I say a bubble.