Remove Debt to Equity Ratio Remove Finance Remove Hedge Remove Technology
article thumbnail

End the Religion of ROE

Harvard Business Review

DuPont sent Donaldson Brown, a promising engineer-turned-finance staffer, to Detroit to sort things out, and sort them out he did. Brown noted a simple fact: Return on equity can be broken down into a three-part equation. Therefore: who needs new technology more than the poor? Then banking regulations were imposed.

ROE 13