Browsing All posts tagged under »Management«

Thoughts on the Glencore IPO

April 18, 2011


“Glencore is a leading integrated producer and marketer of commodities. The Company is active in every step of the supply chain in metals and minerals, energy and agricultural products. Glencore produces, sources, processes, refines, transports, stores, finances and supplies commodities used by the world’s industries.”  In the year-ending December 2010 the company earned net income of $3.8bn on […]

Which Corporate Governance Factors Impact Shareholder Returns?

November 15, 2010


Lucian Bebchuk, Alma Cohen and Allen Ferrell of the John M. Olin Center for Law, Economics and Business at Harvard University published a study in 2004 entitled What Matters in Corporate Governance? They studied twenty-four different governance provisions and tested for correlations with firm value and stockholder returns.  They found that only six corporate governance […]

Beware the Bullish CEO

August 23, 2010


Ever noticed how some of the most bullish, confident and charismatic chief executives have later been discovered to have perpetrated frauds on their stockholders or have ruined their companies via their own bad management? For example, Lehman Brothers Chairman and Chief Executive Dick Fuld rejected an offer from Korea Development Bank to purchase Lehman Brothers […]