Do mergers and acquisitions make sense?
Kraft and Heinz are to merge. Is that good or bad? The answer depends on who you are. But mergers and acquisitions rarely create shareholder value, according to received wisdom. Of course some (some shareholders, the advisers) are going to benefit otherwise they wouldn’t happen. But the businesses as a . . . → Read More: The disappointment of mergers and acquisitions
Why are there so many scandals within the finance sector? From the many news reports the banking, finance and insurance sector across the world seems rife with malpractice.
Insurance seems to be commonly mis-sold – to those who don’t need it and to those who don’t care enough to shop around at the end of the . . . → Read More: What’s wrong with finance?
The answer isn’t to vote – unless of course you are based in the City of London when the number of voters you can appoint for local elections is proportional to the number of your staff.
But there’s a general election coming up, so what can a corporate citizen do?
Businesses have a great interest in . . . → Read More: What are corporate citizens to do when there’s an election?
How does an organisation find out whether it is doing its part to justify its licence to operate? See my guest blog here.
Starbucks was recently accused of paying almost no tax in the UK. In fact it claims it won’t be doing so for several more years. The fact that this has gone on for about 16 years is surely not a testament to the incompetence of its management but to the commitment Starbucks has to the UK, where . . . → Read More: Why is it so taxing?
It may not be quite two women for the price of one man, but Asda appears to have a problem with equal pay. The wider Walmart group, of which Asda is the UK arm has a long history of troubled labour relations – but you might expect a better outcome in the UK, since it is the only country . . . → Read More: Asda: discounting women?
A worldwide ebola pandemic is looking increasingly likely. This may not be the time to come over apocalyptic, but it probably is time to reflect on why the world is so susceptible to such diseases. And why the consequences could be so devastating to society – and also to the economy.
Physical health risks are . . . → Read More: The ebola to come
Tesco seems to have been cannibalizing not only its own supply chain but also itself – or at least its own accounting practices. Its accounting was designed to push up profits. And that relentless push for profits has also lead to ever-increasing pressure on supermarkets’ supply chains. As a result suppliers pay in every sense to have . . . → Read More: Tesco: capitalism at the end of the road?