In defence of hedge funds
Hedge funds have come in for scrutiny of late, particularly for their role in the financial crisis. According to Christopher Fawcett, CEO of Fauchier Partners, which manages hedge fund and alternative investment portfolios, hedge funds have become a scapegoat as they are an easy target.
Planning for the unthinkable
We’ve been so focused on the financial crisis that we’ve neglected to pay attention to other issues, which, if left on the backburner, could upset the status quo. That’s the view of futurist and business strategist Peter Schwartz.
Lessons learned: The Nordic banking crisis of the 1990s
Once burned, twice shy. That’s a lesson that has helped a lot of Swedish and Finnish businesses dodge major disaster during the world’s most recent economic crisis.
The show must go on: Cirque du Soleil’s recession-proof formula
As we brace ourselves for what threatens to be the worst economic slump since the Great Depression, one company seems to be relatively unscathed by the global financial meltdown. According to Daniel Lamarre, president and chief executive officer of performance troupe Cirque du Soleil, whose shows still play to sell-out audiences, he is confident that his company will ride out the recession.
Asian private equity: coming of age
Looking at the numbers, it’s apparent that Asia’s private equity star is shining bright. Assets under management increased ninefold during the last 15 years to about $283 billion in 2009 – 60 per cent of that growth came in the last five years alone.
But for all its healthy growth, only one third of global limited partnerships (LP) have allocations to Asia, including developed markets like Japan, South Korea and Australia and developing economies like China and India, according to
In the world of banking, does size matter?
It was bound to happen. After pouring tens of billions of dollars, pounds and euros: as much as 5.5 per cent of the GDP of advanced economies, according to the International Monetary Fund, governments began to revolt. “If a bank is too big to fail, then it is too big,” the governor of the central bank of Belgium told a newspaper at the end of June. If this is true, then what about the corollary: “Small is beautiful?” If bankers’ bonuses are being capped, should the size of their banks
Rethinking what shareholder value means
By not ending too early, the current financial and economic crisis can actually be beneficial for shareholder value, says Urs Peyer, INSEAD associate professor of finance.
Credit ratings: buyer beware
“Investors tend to take credit ratings at face value and rely on them too heavily.” So says ESSEC Economics Professor Patricia Langohr, who with her father, INSEAD Finance and Banking Professor Herwig Langohr, has written a book called 'The rating agencies and their credit ratings'.
IPOs: Evaluating failure risk
INSEAD Assistant Professor of Accounting and Control Liz Demers says the risk of failure may not be fully priced into new listings as of the offering date.
Alstom: Clean power needed to reduce CO2 emissions
Mankind will keep using fossil fuels to generate electricity for many decades to come, and will need all the help it can get to curb emissions of carbon dioxide, or CO2, that go with burning fossil fuels. That's according to Alstom, a leading manufacturer of power turbines and a company which sells equipment to make coal power stations cleaner and more efficient. It is also developing techniques to capture and store CO2.
Microsoft's Courtois: Using technology to tackle climate change
Tackling climate change for Europe is 'an incredible opportunity to innovate and compete with the rest of the world.' That's the view of Microsoft International President Jean-Philippe Courtois. Technology can help by linking entrepreneurs to academics, venture capitalists and big business, Courtois says.
Latino Roots in Lane County: Contemporary Stories of Settlement in Lane County, Oregon
“Latino Roots in Lane County: Contemporary Stories of Settlement in Lane County, Oregon” is a 33-minute bilingual documentary that uses in-depth interviewing in the tradition of Latin American testimonio and oral history and was made in conjunction with the museum exhibit. It includes video interviews with six of the families featured in the Latino Roots [...]
The Esperion Story: Biotech Success and Rebirth
The Lundquist Center for Entrepreneurship kicks off its new Distinguished Lecture Series with Dr. Roger Newton, President and CEO of Esperion Therapeutics and co-discoverer of Lipitor, the most prescribed cholesterol-lowering medication in the world. Dr. Newton discusses his ongoing efforts to commercialize cardiovascular treatments and his approach to securing capital and talent under difficult environmental conditions. [...]
Leadership today: less charisma, more consensus
When you think of words to describe good leadership, ‘charisma’ usually comes somewhere near the top of the list. After all, all the good ideas in the world won’t get anywhere if you aren’t compelling enough to get people to listen to you. But not all successful CEOs are charismatic and today’s complex and profound economic crisis has created a real challenge both for executives and for the professionals who train them.
A lesson in leadership: turning vision into reality
Abu Dhabi’s remarkable transformation in just a matter of decades can be attributed to the emirate’s astute leaders who have been able to translate their vision into action.
The leadership diversity puzzle
They say it’s never a bad time to invest in leadership. But is that still true, even during the worst economic downturn since the Great Depression? Unilever, the food and personal care products giant, thinks so and is putting its money where its mouth is.
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.
Intergroup leadership: a unifying force
As the name suggests, intergroup leadership involves a fair amount of interaction among team members. On paper, it may look simple enough, but in reality, it’s a lot harder to put into practice.
Ancient China Developed Advanced Tech (Pt. 2)
Recent researchers have found out that China had
pioneered the development of some of the most advaced technology in the
world in the most concentrated and upward directed technological
development in history until the 17th century... But it accomplished
this over a thousand years ago. Pumps, wheelbarrows, canals, and single-arch bridges are all mentioned.
Leadership: A Chinese puzzle
China’s economy is booming, but one of the major challenges facing the country will be leadership - or the lack of it - in political or business spheres. INSEAD Affiliate Professor of Asian Business and Comparative Management, Michael Witt, says that although the Communist Party still tightly rules China, the leadership in Beijing does "not have a lot of power," with the result that it’s difficult to get things implemented.