In 1970, the economist and Nobel laureate Milton Friedman published an article in The New York Times Magazine titled, “The …
corporate governance
Study: Big Corporate Donors Are Bad Investments
How about this for a new investing strategy: Avoid the stock of companies that make big political contributions. The more they give, it seems, the worse their share prices perform. That’s the conclusion of a new study, which …
ALEC: What It Does and Why Three Major Corporations Cut Ties
When America’s corporate titans shift their weight, the tremors travel fast. Last week, Coca-Cola, Kraft and accounting software giant Intuit announced that they were ending their membership with a conservative non-profit group called the American Legislative Exchange Council (ALEC). The news sent reporters scrambling to explain what …
Most Towns Would Kill to Host Facebook. So Why Is Menlo Park Playing Hard to Get?
Attracted by the promise of jobs and tax revenue, most towns would offer significant economic incentives to attract a large corporate headquarters. But being the home base of a corporate giant like Facebook has its challenges …
Facebook Slammed Again Over Zuckerberg’s ‘Autocratic’ Control
As social-networking giant Facebook prepares to go public, the company continues to attract criticism over its corporate governance structure, which is set up to give founder and CEO Mark Zuckerberg iron-clad control over its …
Facebook Governance Already a Concern For Giant CA Pension Fund
Well, that was fast. Less than one week after Facebook announced plans to go public, one powerful investing group — the giant California state teachers pension fund — is already voicing concern about the company’s management …
