Last week, Calstrs, the California State Teachers’ Retirement System, (@CalSTRS) a major U.S. pension fund, said that Facebook Inc. should diversify the makeup of its all-male board and separate the chairman position from chief executive officer role.
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After Comedy Central suddenly suspended new episodes of “The Colbert Report” this Wednesday and Thursday, reports surfaced that host Stephen Colbert had left New York to be with his ailing 91-year-old mother. Comedy Central is not commenting on Colbert’s leave, or saying when he will resume the show. On Monday, Colbert told viewers that he had just returned from a week in Charleston, S.C. The youngest of 11 children, he is very close to his mother, Lorna. In 1974, when Colbert was 10 years old, his[...] read »
This article is by Baizhu Chen, a professor of clinical finance and business economics at USC Marshall School of Business. He is also senior researcher at the Institute of Finance and Banking at the Chinese Academy of Social Sciences, chief economist of Sino-Century Capital, a venture capital firm in Shanghai, and former president of the Chinese Economists Society, and he is academic director for Marshall’s Global Executive MBA program. read »
LogLogic's No Log Left Behind (Photo credit: cote) A big company CEO is getting death threats by email. His crack security team can't seem to track down the sender. So he is not sleeping well at night. Fortunately for the CEO, LogLogic came to the rescue. In the course of a few [...] read »
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It might seem surprising that an oil company would come out on top in a “clean capitalism” ranking, but the Toronto-based media company Corporate Knights just named Hess as the number one company on a new ranking of the companies in the S&P 500. read »
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Alcoa reported a $34 million loss from continuing operations but a better-than-expected revenue growth for the fourth quarter of 2011. It also received two shiny stars from Motley Fool's Rex Moore for its goodwill and organic growth earlier this week. read »
My last blog post described those amazing creations I call “zombie companies.” Ironically, some of the cultural attributes of zombie companies – company pride, vision, loyalty, positive attitude – often help to produce willing, enthusiastic employees. Yet as soon as they begin to insulate a company from things it doesn’t want to hear, they become a recipe for business failure. These are symptoms of a business organization that allows its reigning picture of reality to become detached from the[...] read »
