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Expedia Layoffs To Affect 9% Of Workforce In a Bid To Refocus Resources

HR Digest

Their full-year GAAP (Generally Accepted Accounting Principles) saw a 127 percent growth compared to 2022, one of their highest growth numbers to date. It is really exciting to be in position to go back on offense and lead the industry,” said Vice Chairman and CEO Peter Kim after the successful Expedia earnings call.

Resources 105
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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

The CEO’s principal aim therefore is not necessarily to judiciously allocate financial capital but to allocate precious scientific and human resources to the most promising projects and to pull back and redeploy those resources in a timely manner when the prospects of specific projects dim.

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Keep Your Sarbanes-Oxley Off My CFO

Harvard Business Review

Not "report in executive session, without the presence of the CEO." If a CFO is operating outside the bounds of policy or law or GAAP and is willing to lie to the board about it, I doubt that he or she would be overly concerned about whether the line being crossed is dotted or solid. Not "report regularly." Sure, there were excesses.

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Why Leaders Are Still So Hesitant to Invest in New Business Models

Harvard Business Review

But as Warren Buffet has observed, “Once [leaders] become CEOs, they face new responsibilities. ” Buffet mused that expecting a new CEO to make proper resource decisions is akin to thinking that a concert violinist could flourish as the Chairman of the Federal Reserve. .”

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You Can't Impress Stock Analysts.and Shouldn't Try

Harvard Business Review

Earlier this year, I asked a CEO of Fortune 100 company how he dealt with analyst pressure. What he said was this: "I don't know any CEO that would want to run a company the way analysts would want us to.". Not coincidentally, these CEOs are also deep sustainability thinkers.

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Reclaiming the Idea of Shareholder Value

Harvard Business Review

In particular, CEOs who are compelled to disclose their time horizons are likely to lengthen them. Take a look at the letter to shareholders that Jeff Bezos, founder and CEO of Amazon.com, wrote to shareholders in 1997. This disclosure alone would serve as a powerful antidote to corporate short-termism.

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Calculating the Market Value of Leadership

Harvard Business Review

GAAP and FASB standards require financial reporting of earnings, cash flow, and profitability – all measures that investors have traditionally examined. Some focused on personal leadership style of the CEO, others on compensation or training practices, and still others on organization governance and design.