Buybacks are back: strategy pays off with returns of 103.5 per cent in first year
In April 2009 we published a list of 24 stocks on the INSEAD Knowledge website (see Table 1). The stocks were chosen on the basis of the strategy outlined in our paper ( The Nature and Persistence of Buyback Anomalies, Review of Financial Studies, 2009), which is a more refined implementation of buyback investing, first proposed by Ikenberry, Lakonishok and Vermaelen (Market underreaction to open market repurchases, Journal of Financial Economics, 1995). The basic strategy is to invest in US com
Women and the 'vision thing'
The good news is that in a study of executives, women did better than men on several measures. The bad news is that women fell significantly behind in one key area: vision.
CEO view: Fadi Ghandour of Aramex
The Aramex story – that of a small player in the Middle East rising to compete against the biggest companies in the global transportation and logistics market – has been heralded by Thomas L. Friedman in his book The World is Flat as a model for companies benefiting from the ‘flattening’ of the world through globalisation – the levelling of the economic field and the destruction of barriers to entry, opening the door wide for individuals or companies anywhere in the world to collaborat
Visual equity: being front and centre increases sales
“Unless you’re Coca-Cola,” says INSEAD Associate Marketing Professor Pierre Chandon, “it’s important to be visible on the shelves.”
Cross-cultural negotiations: Avoiding the pitfalls
When entering into negotiations, we should always take into account cultural factors such as the educational or religious background of the person sitting across the table, but, says INSEAD professor Horacio Falcao, many people both underestimate and overestimate the cross-cultural aspects.
MBC: Building a media powerhouse in an emerging market
Can Western broadcasters learn anything from the one of the Middle East’s most successful satellite channels? According to a recently-released case study by Annet Aris, Adjunct Professor of Strategy at INSEAD, the answer is yes.
In search of blue oceans: The Starwood experience
Are companies using Blue Ocean Strategy to search for ‘uncontested market space’ and, if so, how? One group which has been exploring blue ocean thinking for the past three years is Starwood Hotels and Resorts.
However, as INSEAD Knowledge has been finding out, the company has so far been taking a step-by-step approach to implementing the concept, rather than try to realise any sort of ‘grand vision’. As Starwood Vice President Robyn Pratt puts it, it’s more a ques
Combating malaria: How an oil company is helping to tackle the problem
For Marathon Oil Corporation, its project to tackle malaria on an island off Equatorial Guinea is paying off. It reckons that for every dollar invested, the economic return is around four dollars.
Environmental degradation: Counting the cost of rapid economic growth
Bad air, polluted water, depleted resources and global warming. These are some of the emerging hallmarks of Asia’s booming growth in recent years. From Beijing to Bangalore and beyond, the consequences of industrial development are tainting the region’s environment.
Re-tooling the microfinance model in Asia
More than three billion people live in poverty around the world, but millions are managing to raise their living standards to some degree, thanks to microfinance. Even so, there’s plenty of scope for scaling up the current model of microlending to help others.
Reflections on Character and Leadership; On the Couch with Manfred Kets de Vries
Here, Kets de Vries looks at entrepreneurship, the pathology of leadership, and the personality of the leader. The reader will visit the disturbed inner worlds of leaders like Alexander the Great, Shaka Zulu and Robert Maxwell, discover how to distinguish between a cold fish and a live volcano, and identify impostors, despots, organizational fools and global leaders.
The book highlights the basic principles of the clinical paradigmâ€”the process of putting organizations and the in
Backpack to Briefcase series: Developing Client Relationships
Career Services Speaker Series Backpack to Briefcase series: Developing Client Relationships October 18, 2010 Career Services | email Career Services The Career Services Backpack to Briefcase series is designed to teach law students about the fundamentals of practicing law – things you should know but won’t necessarily learn in law school. The Career Services Backpack [...]
Keynote Address by Irene Rizzini
A talk by Irene Rizzini, Professor, Pontifical Catholic University of Rio de Janeiro (PUC-Rio, Department of Social Work). From the International Child Welfare Conference, co-sponsored by The Center for International Studies' Norman Wait Harris Fund, School
Introductory course on human psychology
“Baltimore Drowning: A Slavic Microhistory of Global Proportions"
This talk by Keith Brown of Brown University was the keynote address of "Rethinking Crossroads: Macedonia in Global Context." The conference assembled both young and established scholars whose social-scientifically and humanistically informed work speaks to the contemporary realities of the Republic of Macedonia as they continue to be reshaped by actors and p
"Militarization of U.S. Foreign Relations with Latin America: Prospects for Change"
A panel discussion with: Lisa Haugaard, Executive Director of the Latin America Working Group; Joy Olson, Executive Director of the Washington Office on Latin America; Adam Isacson, Senior Associate at the Center for International Policy. From the Latin American Briefing Series. Co-sponsored by the Center for Latin American Studies and the Internati
"U.S.-Cuban Academic Relations Part I: The Politics of U.S.-Cuban Exchanges"
Wayne Smith, Center for International Policy and Louis Pérez, University of North Carolina-Chapel Hill.
U.S. and Cuban scholars involved in academic, scientific, and cultural research face significant difficulties in maintaining open and thorough dialogue with each other due to restrictions governing travel between the two countries. Such
“Securing the International Oil Supply”
A panel featuring David Goldwyn, President of Goldwyn International Strategies LLC; Senior Fellow in the Energy Program at the Center for Strategic and International Studies; former Assistant Secretary of Energy for International Affairs; Scott Nauman, Manager of Economics and Energy in Corporate Planning for ExxonMobil Corporation; and Michael Klare, Five College Professor
"Petroleum Technology Presentation"
A talk by Brian C. Gahan, Energy Consultant; Chair of the Chicago Section of the American Institute of Chemical Engineers; former Senior Scientist and Manager of E&P Technology Development at the Gas Technology Institute. Session 4 of the conference "Petroleum: Prospects and Politics." Sponsored by the Chicago Society. Co-sponsored by the Student Government of the Universi
Chicago Humanities Festival: Wangari Maathai
Wangari Maathai is a Kenyan politician and environmental activist who was awarded the 2004 Nobel Prize for Peace, the first black African woman to win a Nobel Prize. Maathai was elected to Kenya's National Assembly with 98 percent of the vote in 2002 and in 2003 was appointed assistant minister of environment, natural resources, and wildlife. She is the