Value destruction

Empirical support for Blue Line Management
By December 13, 2013 Read More →

Empirical support for Blue Line Management

Jilian Popadak is a PhD student at Wharton. Employing an interesting and innovative research design, she has produced a working paper (link is here) which tests one of the cornerstones of the blue-line argument: namely, that companies that focus management efforts on indicators (the red line) and not on intrinsic value (the blue line) will […]

S&P Cuts France’s Credit Rating by One Notch to Double-A – WSJ.com
By November 8, 2013 Read More →

S&P Cuts France’s Credit Rating by One Notch to Double-A – WSJ.com

S&P Cuts France’s Credit Rating by One Notch to Double-A – WSJ.com. It isn’t a great surprise to David or I that France’s credit rating is being downgraded yet again. And this won’t be the last time either. As the French government resists ongoing re-allocation of resources (i.e., people) away from what they’ve done in […]