Remove Finance Remove Power Remove Restructuring Remove Travel
article thumbnail

Greeceā€™s Problem Is More Complicated than Austerity

Harvard Business Review

Although former finance minister Yanis Varoufakis made eloquent appeals about the need to rethink macro, he said very little about changing how the economy is run. In his first four months in office, he put his signature to 403 documents, 245 of which were approvals for travel for himself and his appointees. growth in late 2014 to a 2.5%

article thumbnail

What CEOs Get Wrong About Activist Investors

Harvard Business Review

We have written extensively on shareholder activism , and one of us coauthored a study in the Journal of Finance showing that, on average, activists produce value for targeted companies. Think of how often activists have pressed for the sale and restructuring of firms and for the dismissal of CEOs. Word travels fast among shareholders.

CEO 8