Harvard Business Review

MARCH 1, 2017

After all, most financial intermediaries themselves rely on a dizzying, complex, and costly array of intermediaries to run their own operations. This industry supports a number of intermediaries, such as investment bankers, exchange operators, auditors, lawyers, and crowd-funding platforms (such as Kickstarter and Indiegogo).

Finance 8

Finance IPO Banking Venture Capitalist 8

Harvard Business Review

SEPTEMBER 16, 2015

Based on our interviews with executives, we found that there were three practices that correlated strongly with lower investment losses due to regulatory, bribery, and reputational risks: 1. Local subsidiaries have to operate in ways acceptable to the parent company. Forgoing Short-Term Profits in Favor of Long-Term Reputation.

Marketing 8

Marketing Company Compliance Reputation 8

Harvard Business Review

AUGUST 6, 2014

In November 2003, after due diligence, we announced our agreement to purchase 3721 for $120 million. By mid-2004, however, the operation was mired in conflict over control and differences in management style. In the media and internet industries, it turns out to be very important when operating in China.

Chief Financial Officer 9

Chief Financial Officer Operations Learning-by-Doing IPO 9