Harvard Business Review

OCTOBER 9, 2015

With Hillary Clinton’s tax proposals to encourage longer-term investing , the debate over whether American business is too fixated on the short term has moved from the dimly lit offices of earnest policy wonks into the klieg lights of U.S. Hedge fund activists loom large in the discussion of short-termism. primary season.

Hedge 8

Hedge Short-term Long-term EPS 8

Harvard Business Review

JULY 18, 2017

These arguments have proven highly influential and led to several policy proposals to encourage long-term holdings – so-called “patient capital” France’s Loi Florange doubles investors’ voting rights after two years. An investor can outperform the market by simply waiting to collect the dividend.

Short-term 8

Short-term Intangible Assets Hedge Long-term 8

Harvard Business Review

MAY 9, 2016

Hedge fund activist Bill Ackman posed that question recently in his fund’s annual letter to investors. Unlike high-profile activist hedge funds, which attempt to outperform the market, the primary goal of passive investors is to deliver returns that match a market index. laura schneider FOR HBR.

Hedge 8

Hedge Proposal Policies Influence 8

Harvard Business Review

JUNE 30, 2017

The uncertain nature of trade policy has left many leadership teams reluctant to act. producers to lower their prices in foreign markets, raising demand for U.S. Options and hedges. Leadership teams that develop strategic options and hedges for a variety of future scenarios navigate better when new developments unfold.

Supply Chain 9

Supply Chain Hedge Uncertainty Automotive 9

Harvard Business Review

MARCH 27, 2018

But this was not the first time its policies were violated. The velocity in acquiring and exploiting this personal data can help these companies obtain significant market power. He noted his agency’s “particular concerns in digital markets.” In a monopolized market, personal data is concentrated in a few firms.

Company 10

Company Advertising Incentives Engineering 10

Harvard Business Review

JULY 5, 2018

Unlike a pure holding company or a modern hedge fund, the GE model intended to create value by actively sharing capabilities among its disparate businesses, which, with one important exception, were all rooted in manufacturing. It was developed by Japan and South Korea in the 1980s and is used widely by emerging markets from Brazil to India.

Welch 8

Welch Software Industry Hedge 8

Harvard Business Review

SEPTEMBER 20, 2017

CEOs live in fear of activist hedge funds, and politicians worry about their effects on workers. Remarkably, Prime Minister Shinzo Abe has embraced shareholder activism, in a bid to encourage the adoption of his corporate governance reforms, a central part of his economic policy platform. In the U.S.,

ROE 8

ROE Construction Hedge Policies 8

N2Growth Blog

AUGUST 12, 2010

Decisioning by consensus usually results in no decision being made, or an intellectually dishonest, watered-down decision that is so full of compromises, hedges and caveats that a non-decision might have been preferable.

Consensus 388

Consensus Team Building Blog Team 388

Harvard Business Review

OCTOBER 24, 2016

But almost none of these institutional-investment giants have any policies in place for monitoring or engaging with the startups who are creating next-generation investment technologies. This disconnect is a major problem for the continuing development of efficient capital markets. How is this state of affairs possible?

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

OCTOBER 16, 2014

9, armed with about 1% of Apple’s outstanding stock, the hedge-fund activist published an open letter to Apple CEO Tim Cook, urging him to accelerate the company’s stock repurchases by making a tender offer. The only time in its history when Apple raised funds on the stock market was its 1980 IPO, which provided it with $97 million.

Safe Harbor 9

Safe Harbor Hedge EPS Price 9

Harvard Business Review

MAY 30, 2013

One key reason for shareholders'' positive tone is that the stock market has been doing well. What''s more, the asset management industry — in particular the alternative-asset subset of hedge funds and private equity — has exported many of its pay practices into the corporate sector. That''s up from 69% in 2012 and 2011.

Hedge 8

Hedge Asset Management Incentives Outsourcing 8

Harvard Business Review

MAY 17, 2016

In early 2016, the country began a process of reviewing multiple economic sectors, including energy, labor markets, pensions, and health. But it is evident, clearly even to internal policy circles, that running down the country’s foreign reserves while the economy continues under business-as-usual is not a viable long-term option.

Politics 8

Politics Human Capital Price Long-term 8

Harvard Business Review

JULY 12, 2016

Ask someone to name the demands that activist hedge funds make of companies and they’ll likely list corporate governance issues like board changes and executive compensation, or perhaps some form of restructuring. In contrast, fair marketing and advertising of products are very important for companies in these sectors.

Proposal 8

Proposal Short-term Advertising Hedge 8

Harvard Business Review

JULY 17, 2018

It’s no wonder, then, that young people are anxious about their ability to compete in the job market. Take Rohit Kumar, the principal and leader of National Tax Policy Services at PWC, where Adam works. These advances all point toward the total automation of our lives, including the way we work and do business.

Skills 14

Skills Morale Ethics System 14

Harvard Business Review

OCTOBER 22, 2014

If anything, he views HBO’s move less like sedition and more like uncertain hedging, and one that could help platform players ultimately continue to thrive. “It’s a marketing ploy to get fledgling networks established.” “[Cable networks] don’t want to deal with the mass market,” Hazlett says.

Hedge 8

Hedge Licensing Mass Marketing Price 8

Harvard Business Review

DECEMBER 17, 2015

Clean energy can provide a hedge against rising and more volatile electricity prices. Renewable energy is a new form of electricity supply, and its market entry has opened new doors of choice with, or even bypassing, traditional utilities. Electricity markets are regulated by countries and states, which have widely divergent policies.

Energy 8

Energy Globalization Hedge Cost 8

Harvard Business Review

OCTOBER 7, 2011

And not just any business, but one that on any given day may be the biggest business by market capitalization in the world. This is why hedge funds that profit while 401Ks crumble and the creation of exotic derivative instruments incite many on Main Street. To do this, Steve Jobs built a business.

Policies 12

Policies Hedge Learning-by-Doing System 12

Harvard Business Review

OCTOBER 25, 2017

” We collected data from a private online knowledge-sharing platform where buy-side (hedge fund, mutual fund) investment professionals (analysts, portfolio managers) share their investment recommendations to buy and sell a given security, along with the analysis supporting their position, with other members of this platform.

Objective 8

Objective Metrics Sample Hedge 8

Harvard Business Review

JANUARY 19, 2018

A sound economy, a booming stock market, and huge business tax cuts, the story goes, have convinced CEOs of companies flush with cash to distribute some of it to front-line employees. There are no public shareholders clamoring for higher dividends, no hedge funds gorging on management fees. to $15 per hour.

Definition 8

Definition Company Succession Airlines 8

Leading Blog

APRIL 5, 2019

Should they make a big bet, hedge their position, or just wait and see? By understanding the data around which leads go on to become great customers, a sales leader can then work closely with their marketing colleagues to figure out new sources of potential customer prospects. When faced with uncertainty, how should leaders react?

Uncertainty 307

Uncertainty Sports Credit Rating Learning-by-Doing 307

Harvard Business Review

MAY 6, 2016

Four hundred seventy-one companies in the S&P 500 bought back stock last year, and 372 companies expanded their dividends — actions undertaken in spite of the need to invest heavily to keep up with global market changes. How could anyone object to such an effort?

Long-term 8

Long-term Incentives Short-term Management 8

Harvard Business Review

AUGUST 15, 2011

vision of financial world order; as Time magazine reported, he was "bursting with hubris over its booming equity markets and its just-announced 5.6% Mahathir stood his ground, not just at Davos but in the financial markets, by refusing the IMF's aid, reducing Malaysia's interest rates, and restricting currency trading.

Banking 11

Banking ROE Proposal Self-aware 11

Harvard Business Review

MAY 26, 2011

I thought this would be a wonderful gateway to post on how poorly economists and economics understand and measure innovation in global markets. After all, the man overseeing America's monetary policy should be able to go beyond Keynesian agitprop when discussing innovation policy. My jaw dropped even as my eyes glazed over.

Due Diligence 11

Due Diligence Disintermediation Micromanagement Analysis 11

HR Digest

FEBRUARY 4, 2021

There is a great talent and skill gap in jobs in today’s job market. Negligent hire claims are a serious risk and a thorough background check helps you hedge that risk. (A The whole process has become more complicated and lengthy when employment background checks among other processes are involved. . Negligence in follow-ups.

Pre-Employment Screening 105

Pre-Employment Screening Guidelines How To Reference 105

Harvard Business Review

MAY 31, 2012

What makes this case of corporate accountability so important is that it is a discretionary matter of "private ordering" under JP Morgan risk management policies, not under a mandatory rule contained in Dodd-Frank. They could be appropriate for Dimon, but so could a compensation action about future variable comp.

CIO 8

CIO Committee Risk Management Banking 8

Harvard Business Review

JUNE 26, 2014

Argentina lost big to a group of American “vulture” hedge funds in court last week, when the Supreme Court declined to reconsider an appeals court decision that the funds had the right to demand that the country make good on a bunch of old bonds they owned even though it long ago renegotiated the terms of that debt with most creditors.

Bond 8

Bond Long-term Short-term Finance 8

Harvard Business Review

SEPTEMBER 16, 2014

A lot of businesses have pursued social responsibility more out of their marketing departments or as some sort of charitable donation. Even in the most hard-nosed of private equity firms or hedge funds you will find that people align with strategies that mean something to them, that they’re passionate about.

Insurance 8

Insurance Bond Hedge Bottom-up 8

Harvard Business Review

JULY 3, 2018

Such a wide range was clearly a problem, as the policy implications of those extremes were markedly different. But people also hedge with words because they are not familiar with structured ways to set probabilities. Prediction markets, including PredictIt , allow you to put real money behind your forecasts.

Survey 8

Survey Hedge Analysis Benchmarking 8

Harvard Business Review

APRIL 2, 2014

You’d have this beta with the market, so you have the riskless rate plus beta times the equity premium. A mini-glossary: beta is the amount that an individual stock fluctuates relative to the overall stock market, and the equity premium is the difference in expected return between stocks and a “riskless” asset such as Treasury bonds.].

CAPM 8

CAPM Discount Price Finance 8

Harvard Business Review

MARCH 2, 2017

It’s not surprising that some of the closer-to-market applications of the technology are in the financial sector. Central banks are also actively exploring the opportunities and challenges a fiat-backed , digital currency would entail for monetary policy, taxation, and lending.

Finance 8

Finance Supply Chain Decentralization Maturity 8

Harvard Business Review

DECEMBER 3, 2018

Some of the largest companies of recent times by market capitalization, such as Facebook, Alphabet, and Alibaba, carry dual class-shares. MSCI’s recent analysis shows that unequal voting stocks outperformed the market over the period from November 2007 to August 2017. So, a one-size-fits-all policy would not work.

Class 9

Class Maturity IPO Short-term 9

Harvard Business Review

OCTOBER 9, 2015

.” Both stories contain some truth, as a forthcoming study of activist hedge funds demonstrates. The early activists were pension funds, but starting in the 1990’s some hedge funds adopted the strategy. The early activists were pension funds, but starting in the 1990’s some hedge funds adopted the strategy.

Hedge 8

Hedge Finance Short-term Document 8

Harvard Business Review

MARCH 8, 2012

In fact, the increasing focus on pay by policy makers, shareholders, and the media has magnified its importance as a gauge of success for top executives and created a vicious cycle of ever-higher pay demands. Exemplars of moderation on pay can be found in different markets.

Execution 9

Execution Committee Incentives Hedge 9

Harvard Business Review

MARCH 27, 2013

For the past several years, EU politicians have been locked in shortsighted and often self-defeating policies for bailing out troubled euro zone countries. Such features can be (and routinely are) priced in the financial markets. Of course, certain investor safeguards are needed.

GDP 8

GDP Bond How To Banking 8

Harvard Business Review

FEBRUARY 26, 2013

But not the economic policies of the empire, since British control in that area had not been so onerous. The wealthy classes also sought stability over market-oriented efficiency and growth, not unlike Lord Grantham in the television show "Downton Abbey.". Yet a burst of entrepreneurial activity led to a jump in productivity.

Class 8

Class Hedge Technology Maturity 8

Harvard Business Review

AUGUST 11, 2015

In speeches on July 13 and July 24, front-runner Hillary Clinton first outlined and then elaborated upon her policy agenda for combating what she calls “quarterly capitalism.” Capital markets work best when information is promptly and widely available to all.

Proposal 8

Proposal Hedge Safe Harbor Short-term 8

Harvard Business Review

NOVEMBER 11, 2016

Based on his campaign, Trump’s policies are directionally clear: Reduce personal and corporate taxation, invest in infrastructure, repeal the Affordable Care Act, tighten up on illegal immigration, strengthen law enforcement, and take a tougher stance on trade policy. So what are those implications, exactly? Invest in Resilience.

Strategy 9

Strategy Uncertainty Long-term Politics 9