Stop Focusing on Profitability and Go for Growth
Harvard Business Review
MAY 1, 2017
Bain & Company’s Macro Trends Group carefully analyzed the global balance sheet and found that the world is awash in money. Global capital balances more than doubled between 1990 and 2010 — from $220 trillion (about 6.5 But in most other sectors, ROEs are much greater than the cost of equity capital.
Let's personalize your content