By Steve Denning “Business leaders generally present themselves as the creators of jobs, the real makers of the economy, claiming to add value to their organization, to the economy and to society. But in the US over the last few…
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Hal Salzman, Ph.D.
From the Editor: A Call for Courage
by Adi Ignatius, Editor in Chief Harvard Business Review It’s been five years since the official end of the Great Recession, yet the U.S. economy continues to lag. True, corporate profits are healthy, and the stock market has soared—but most…
Coming to a pension fund near you: ‘Smoothing’
By Denny Gulino “With Congress allowing firms to delay pension contributions, and many firms saying they will use the windfall to buy back their own stock, a study published Wednesday may focus new attention on the practice. The study, conducted…
Patient capital is a virtue
In his blog post as part of FT Alphaville’s Mission Finance series, William Lazonick argues that stock buybacks and dividends are the mechanism by which financial interests, including top executives, reap gains that should be going to taxpayers and workers. Whenever…








