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Articles by Faith Stevelman
Commentary: GameStop exposes poor corporate governance on listed company boards
NEW YORK CITY: Last week, a social-media-fueled populist rebellion gripped capital markets. Retail investors purchased huge amounts of stock in struggling companies like GameStop, AMC, and BlackBerry (among others). They wanted to make a buck. But, even more than that, they wanted to punish the financial elites, like hedge funds, that had been betting on the companies’ decline.
Corporate governance after GameStop
By Faith Stevelman and Sarah C. Haan NEW YORK — Last week, a social-media-fuelled populist rebellion gripped capital markets. Retail investors purchased huge amounts of stock in struggling companies like GameStop, AMC and BlackBerry (among others). They wanted to make a buck. But, even more than that, they wanted to punish the financial elites, like hedge funds, that had been betting on the companies’ decline.
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Corporate Governance after GameStop | by Faith Stevelman & Sarah C. Haan - Project Syndicate
Last week, ordinary citizens responded to systemic inequalities with a populist, market-based campaign to disrupt the mechanisms of elite accumulation – and sent a powerful message about the need for a new model of corporate governance. After decades of passivity, the time has come for directors to lead. NEW YORK – Last week, a social-media-fueled populist rebellion gripped capital markets.
Corporate governance after GameStop
Last week, ordinary citizens responded to systemic inequalities with a populist, market-based campaign to disrupt the mechanisms of elite accumulation – and sent a powerful message about the need for a new model of corporate governance. After decades of passivity, the time has come for directors to lead Last week, a social-media-fueled populist rebellion gripped capital markets.
Boards in Information Governance
When the markets go haywire, as they appear to be doing now, stock prices cease to provide useful signals about corporate value or the performance of the men and women in the C-suite.
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