Remove Marketing Remove Offshoring Remove Operations Remove Rate of Return
article thumbnail

Should Companies Retain "Strategic" Cash?

Harvard Business Review

To enhance financial flexibility, companies have been retaining unprecedented amounts of cash on their balance sheets, calling it "strategic" cash to distinguish it from the "operating" cash that is needed to run the business. Barring a tax holiday, this cash is effectively "trapped" offshore. Facilitate Acquisitions.

Company 13
article thumbnail

Capitalism’s Future Is Already Here

Harvard Business Review

The article shocked the sensibilities of many who worried about rising corporate power in the world, but for many executives struggling to chart courses through the chaos of newly globalized and deregulated markets, it offered an irresistible clarity: one need only focus on owners’ interests.