An excellent new draft paper by Robert Hockett and Saule T. Omarova has some important insights and context for corporate governance. Like ontogeny recapitulating phylogeny or like the impressions left by the tiny veins of a leaf thousands of years ago, the vestigial evidence of the earliest stages of development provide important information about the history…
Tag: banks
Who Benefits from M&A Activity? Not a Tough Question
From Alan Murray’s daily CEO newsletter: In yesterday’s post, I suggested the current excess of splitting and merging was driven by investors seeking returns in a zero interest rate world. Several readers quickly pointed out it’s also being driven by banks seeking business. Fortune’s Stephen Gandel reported yesterday banks brought in $19.5 billion on U.S….