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Just How Useless Is the Asset-Management Industry?

Harvard Business Review

Writing under a pseudonym in the Financial Analysts Journal in 1960, mutual fund executive Jack Bogle made "The Case for Mutual Fund Management." After costs, actively managed mutual funds trail the market. trillion in assets in 2010, up from $25.8 trillion in assets in 2010, up from $25.8

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Corporate Diversity Still Coming Up Short for Women

Strategy Driven

We are very concerned about the fact that women and minorities continue to be under-represented at the highest levels of management,” said Barbara J. For a full copy of the 2010 study, click here. Bureau of Labor Statistics, February 2010 Report About Calvert Calvert has long been a leader in advocating for corporate diversity.

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How CFOs Can Take the Long-Term View in a Short-Term Economy

Harvard Business Review

Investors are increasingly seeking firms with long-term growth strategies, rather than ones focused on managing short-term earnings to boost the stock price. As head of the world’s largest asset manager, with $4.6 ” Manage expectations on the pace and challenge of experimentation. ” Many did.

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Carlos Ghosn, Nissan, and the Need for Stronger Corporate Governance in Japan

Harvard Business Review

As one accountant based in Japan during 2010, explained , “there was a big rush of inquiries about schemes that might be used either to split out salaries or defer part of it.” As a result, when making close calls on the company’s financial reports, that auditor may be too deferential to Nissan management.

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Top 10 Green Business Stories of 2011

Harvard Business Review

Ok, this one is cheating a bit, but on a fundamental level, the top themes in green business haven't actually changed too much ( see the 2010 list ). The best analysis of the resource scarcity mega-trend came from asset manager Jeremy Grantham. In June, the New York Times declared a warming world hostile to food production.

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At Olympus and Goldman Sachs, Two Very Different Whistleblowers

Harvard Business Review

For example, the SEC in 2010 had charged Goldman with misleading some of the parties to a billion dollar transaction (involving a complex derivative called a synthetic collateralized debt obligation), alleging specific facts about undisclosed conflicts of interest. But, in the op-ed, not a single charge was backed up with a single fact.