Harvard Business Review
AUGUST 15, 2011
The result has been an economic system built increasingly around the maximization of ROE. And by the late 1990's investment banks and hedge funds were in the business of betting for and against currencies. This is the "hot money" that Mahathir referred to.
Harvard Business Review
OCTOBER 20, 2011
corporation than "what's the ROE on that?" ROE justifies the means. To an extent not widely recognized, it was an equation in the first place that gave ROE the power to dominate not just investment decisions, but an entire business culture. There is no more powerful question in a U.S. Social media spending? Wellness checkups?
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