Boeing – a case study in failed stewardship

November 4, 2019

I shuddered reading the report last week of the Boeing CEOs testimony to
Congress. I heard the old, old story. …

Uber IPO trivia and serious lessons from Volkswagen

May 15, 2019

In Monday’s Financial Times (13th May) there are two stories which, taken together, demonstrate the current failure of our capital …

Larry Fink’s 2020 letter to investors gives us more questions than answers

January 22, 2019

Have you read Larry Fink’s 2019 Letter to CEOs? It’s encouraging. And yet…


I have a challenge for …

How to make sense of the desire to ‘Take Back Control’

December 18, 2018

I’m now reading Paul Colliers outstanding book ‘The Future of Capitalism’ (Of which more anon). Tomorrow’s Company would recognise his …

We need a stronger spirit of stewardship

November 20, 2018

I am in Madrid to speak at the ICA (Spain’s Institute of Directors) international conference.


As the only native …

Short termism: is the message getting through?

November 8, 2018

‘The active (fund) management industry does not add value after fees’ says Stuart Dunbar of Baillie Gifford according to The

Labour’s Employee Ownership Plan: not so inclusive after all

September 24, 2018
Two weeks ago I praised John McDonnell for plans to spread share ownership. Now more details have emerged and I’ve …

Rugby is the next sport threatening to sell its birthright

September 6, 2018

I can’t believe that Premiership Rugby is seriously considering an offer from CVC, a Private Equity firm (CVC Capital

Tesla and listed company status

August 9, 2018

Earlier this week I was asking why the number of listed companies is in decline, and suggesting we need new …

If the listed company is yesterday’s company, what is tomorrow‘s?

August 8, 2018

According to the Economist, in the USA there is a growing trend for listed companies to be taken private. If …