There’s a compelling notion that, post-financial crisis, economists are turning from ‘physics envy’ to ‘biology envy’. Our economic metaphors have certainly become more vital and ecological: ...

My consultancy firm recently participated in one of a series of five workshops (entitled ‘Powers, Functions and Duties of Company Directors’), organised by the Malta Institute of Management and the ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. I moderated a fascinating debate on corporate governance on Saturday on the following question: Has shareholder ...

A company while doing business develops relationships with its internal and external stakeholders. All these relationships are contractual. Some are explicit and legal and some implicit. For example, ...

If firms lose sight of shareholder value maximisation, they make themselves vulnerable to takeover. Finance professors tell students that they should maximise shareholder value. Note that this is not ...