Podcasts about Shareholder value

Der Christopher Street Day Berlin muss in diesem Jahr mit weniger Sponsorengeldern zurechtkommen. Ein Zufall? Eher nicht. Die Regenbogenfahne wird im #PrideMonth längst nicht mehr von allen Unternehmen gehisst. Der Kampf gegen alles, was gern als „woke“ bezeichnet wird, ist in den USA (aber auch darüber hinaus) in vollem Gange. An diese neue Politik passen auch europäische Konzerne sich an. Gaben sich die Top-Manager kürzlich noch als die Speerspitze des Fortschritts aus, indem sie Diversity-, Equality- und Inclusion-Richtlinien umsetzten und dafür sogar mit Boni belohnt wurden, rudern sie plötzlich zurück. Auf einmal zählt nur noch der Shareholder Value. Auch die großen Konzerne in den USA erteilen, nachdem sie diese jahrelang verfochten haben, der linksliberalen Identitätspolitik eine Absage – von Disney bis Amazon, von Alphabet bis Meta: alle machen sie mit beim konservativen Rollback. Ist also das Ende von „woke capital“ gekommen? Darüber sprechen Ole Nymoen und Wolfgang M. Schmitt in der neuen Folge von „Wohlstand für Alle“! Literatur: Disneys Geschäftsbericht 2024: https://thewaltdisneycompany.com/app/uploads/2025/01/2024-Annual-Report.pdf FT über BlackRocks Kehrtwende: https://www.ft.com/content/f0fb9841-db1d-442e-a757-1a1327497fb1 FT über US-Firmen, die auf DEI verzichten: https://www.ft.com/content/c2320415-dcf6-4b69-acd4-3187507d762c Ross Douthat: “The Rise of Woke Capital”, NYT: https://www.nytimes.com/2018/02/28/opinion/corporate-america-activism.html Alexander Grau: “Der neue ‘woke' Kapitalismus”, SWR2: https://www.swr.de/swrkultur/wissen/der-neue-woke-kapitalismus-keine-heuchelei-es-ist-viel-schlimmer-swr2-wissen-aula-2022-09-11-100.html Marc Liebscher im “Capital”-Interview: https://www.capital.de/wirtschaft-politik/was-trumps-anti-woke-erlass-fuer-deutsche-unternehmen-bedeutet-35639994.html McKinseys Diversity-Studie: https://www.mckinsey.com/featured-insights/diversity-and-inclusion/diversity-matters-even-more-the-case-for-holistic-impact SAP-Personalchefin im FAZ-Interview: https://www.faz.net/aktuell/wirtschaft/unternehmen/sap-personalchefin-vargiu-breuer-wir-sind-nicht-vor-trump-eingeknickt-110473105.html SZ-Artikel über deutsche Firmen und ihre Anpassungen an Trump: https://www.sueddeutsche.de/wirtschaft/deutsche-unternehmen-trump-dei-diversity-anti-diversitaets-kampagne-wokeness-aldi-bayer-deutsche-bank-sap-li.3229067?reduced=true Unsere Zusatzinhalte könnt ihr bei Apple Podcasts, Steady und Patreon hören. Vielen Dank! Apple Podcasts: https://podcasts.apple.com/de/podcast/wohlstand-f%C3%BCr-alle/id1476402723 Patreon: https://www.patreon.com/oleundwolfgang Steady: https://steadyhq.com/de/oleundwolfgang/about

How One Family Aims to Break Liberals' Corporate Voting Power

The Visionary CEO Who Created Billions in Shareholder Value Returns: The Dakota Gold AmbitionGuest:Robert Bob Quartermain – CEO President and Vice Chairman of Dakota Gold Corp DCWebsite: https://dakotagoldcorp.com/Ticker: DC BioRobert QuartermainCo-Chairman, Director, President and CEODr. Quartermain currently serves as Co-Chairman, Director, President and CEO of Dakota Gold, and was previously the Executive Chairman of Pretium Resources Inc., which he founded in October 2010. Prior to Pretium, he was President and Chief Executive Officer of Silver Standard Resources Inc. (now SSR Mining Inc.) for 25 years from 1985-2010. Dr. Quartermain holds a Bachelor of Science from the University of New Brunswick, a Master of Science from Queens University, his Professional Geoscience certification from the Engineers and Geoscientists BC and Honorary Doctor of Science from the University of New Brunswick. In addition to his focus on Dakota Gold, Dr. Quartermain has a number of education, wildlife and social justice philanthropic interests that he supports.Dr. Quartermain was inducted into the Canadian Mining Hall of Fame ("CMHF") in August 2022 for his significant contributions to the mining and exploration industry in Canada and internationally over his career.

In this episode of the Executives' Exchange, which was recorded in front of a live audience on January 30th, 2025, we feature Richard Edelman, President & CEO of Edelman, along with Tom Wilson, Chair, President, & CEO of Allstate, and our gracious guest moderator, Isis Almeida, Chicago Bureau Chief at Bloomberg. This year's trust barometer touches on the rise of income-based trust inequality, rapidly polarizing trust disparity among younger generations, and what leaders can do to regain public trust across companies and government.     00:00 – Intro   00:58 – 25-year Overview on Rising Distrust  02:20 – 4 Important Developments Contributing to Distrust  03:50 – Trust Research Deep-Dive  09:10 – Businesses Role in a Time of High Grievance   11:25 – 5 Things Employees are Asking of Their Company  13:05 – 3 Actionable Steps for Recovering Trust  14:58 – Shure Ad Break  16:35 – How We Got to a High Level of Public Distrust  19:27 – 2 Responses to Addressing Organizational Distress  20:42 – How Executives Should Prepare for Trump Administration  24:15 – Perspectives on DEI Initiatives  27:20 – The Public Perception of Wealth  31:31 – AI's Impact on Employment  37:34 – Wilson's 2 Steps on Rebuilding Trust  40:16 – How Young Generations Absorb Information  43:03 – Whose Responsibility Is It to Reskill People?  45:10 – Getting Beyond the Anger Stage  47:43 - NGOs Role In Rebuilding Trust  49:35 – Merging Necessary Changes with Shareholder Value  51:09 – Outro    Episode Link: 2025 Edelman Trust Barometer | Allstate | Bloomberg    Guest Host: Isis Almeida, Chicago Bureau Chief, Bloomberg    Producer: Eva Penar, Chief Content & Communications Officer, The Executives' Club of Chicago        Subscribe on Apple, Spotify, or wherever you listen to podcasts.     Thank you to our podcast sponsor, Shure Incorporated.    For nearly 100 years, Shure Incorporated has developed best-in-class audio products that provide high-quality performance, reliability and value. Headquartered in Niles, Illinois, our history of innovation and expertise in acoustics, wireless technology, and more enables us to deliver seamless, transparent audio experiences to a global audience. Our diverse product line includes world-class wired and wireless microphones, networked audio systems and signal processors, conferencing and discussion systems, software, a loudspeaker, and award-winning earphones and headphones.    Find Shure on: Facebook | LinkedIn | Instagram 

Marpipe founder and CEO Dan Pantelo joins Eric Franchi and Joe Zappa on the pod to talk about bringing his company back from a near-collapse during the Silicon Valley Bank crash, rejecting an acquisition offer, discovering product-market fit, and dynamic product ads' contribution to the future of performance advertising.

In this episode of Behind the Numbers, host Dave Bookbinder sits down with David Van Adelsberg and Bart Houlahan from Irrational Capital to explore the game-changing role of human capital in business valuation and investment strategies. Irrational Capital is at the forefront of quantifying the employer-employee relationship's impact on a company's equity value. David and Bart introduce the human capital factor, a groundbreaking investment metric independently validated by leading financial institutions like J.P. Morgan. Key Topics Covered: ✅ The science behind the human capital factor and why it matters to investors ✅ How intrinsic motivators—pride, trust, appreciation—drive stock performance ✅ The rigorous validation process that links employee engagement to financial returns ✅ The shift in investment strategies to integrate human capital metrics Join us for this fascinating discussion on how people truly are a company's most valuable asset—not just in words, but in measurable financial impact.

eDreams ODIGEO's 9M 2025 Key TakeawaysQ3 FY25 Financial Results: eDreams ODIGEO's Record PerformanceIn-Depth Analysis by CFO Avid ElízagaIn the latest Q3 FY25 financial results presentation, eDreams ODIGEO's CFO, Avid Elízaga, provides an in-depth analysis of the company's strong performance, driven by its Prime subscription model. This model, which offers exclusive benefits to subscribers, has been a key driver of our record-breaking profitability. The company has achieved a cash margin surge and a 70% year-over-year increase in quarterly profit, largely due to the increasing maturity of our Prime subscribers.Key Financial HighlightsPrime Membership GrowthPrime subscribers grew 26% YoY, surpassing 7 million members.They are on track to meet the self-imposed target of 7.25 million members by the end of FY25.Profitability & Revenue ExpansionCash margin surged by 40% YoY, driven by increasing Prime subscriber maturity.Prime cash revenue margin grew 19%, while cash EBITDA increased 52%.Non-Prime revenue showed a smaller-than-expected decline, with a 10% revenue margin increase in Q3.Free Cash Flow & Shareholder Value€124 million free cash flow generated in the first nine months, up 91% from the prior year.The company repurchased €40 million in shares, reinforcing confidence in its undervalued stock.Plans for further share buybacks as part of the company's capital allocation strategy.Strategic Insights & Future OutlookeDreams ODIGEO is positioned for continued growth with three key targets for FY26:- Adding 1 million+ new Prime members,- Achieving cash EBITDA between €215-220 million,- Generating over €120 million in free cash flow ex non-Prime working capital.The company remains optimistic despite industry challenges, emphasizing its ability to navigate economic fluctuations, inflation, and travel disruptions. eDreams' inspiring long-term vision includes expanding Prime's market penetration, enhancing customer experience, and maintaining industry leadership in the subscription-based travel model.ConclusionWith Prime now contributing 83% of total cash marginal profit, eDreams ODIGEO has proven the sustainability of its business model. The company's unwavering commitment to delivering exceptional financial results, outperforming industry trends and unlocking substantial shareholder value, provides investors with a sense of security. They can expect strong profitability, robust subscriber growth, and an expanding free cash flow trajectory as eDreams advances towards its FY25 and long-term financial targets.This presentation reaffirms eDreams ODIGEO's competitive advantage, setting the stage for further innovation, growth, and financial success in the evolving travel industry.▶️ Other videos:Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/Company Presentation: https://seat11a.com/investor-relations-company-presentation/Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ESG Presentation: https://seat11a.com/investor-relations-esg/T&CThis publication is for informational purposes only and does not constitute investment advice. Using this website, you agree to our terms and conditions outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

In today episode Aj breaks down a honest POV on how leaders today can lead DEI efforts from a POV and lens that will drive shareholder growth and value

Im zweiten Teil des 7+3-Gesprächs von Tobias Kramer mit Matthias Schmidt geht's um die größte Aktienposition von Matthias nach den echtgeld.tv-Kriterien (mehr als 100 Mio. € Market Cap und über 100.000 € tägliches Handelsvolumen der Aktie). Außerdem sind zwei Unternehmen aus dem Kreise deutscher Nebenwerte mit dabei, die Tobias bereits in seinem echtgeld.tv-Depot hält:

Professor William Lazonick, emeritus Professor of Economics and founding director of the Academic Industry Research Network, is one of the world's foremost experts on Shareholder Value Ideology and its impact on society. In our first conversation, we uncovered the fundamentals of shareholder value ideology and the harmful effects of stock buybacks on the working class and economic inequality. This discussion goes deeper into how financial institutions capitalized on the deregulation of the financial industry in the 1980s, leading to a wave of corporate greed and wealth concentration. Topics include the rise of hedge funds, the devastation caused by corporate raiders, how private equity contributes to the decline in quality of goods and services (termed "encrapification"), and policy strategies to rebuild an economy that prioritizes American workers over Wall Street profits. DEMYSTICON 2025 ANNUAL MEETING IN PORTUGAL!!! June 12-16: https://demystifysci.com/demysticon-2025 PATREON: get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB MERCH: Rock some DemystifySci gear : https://demystifysci.myspreadshop.com/ AMAZON: Do your shopping through this link: https://amzn.to/3YyoT98 SUBSTACK: https://substack.com/@UCqV4_7i9h1_V7hY48eZZSLw@demystifysci (00:00) Go! (00:09:45) Carl Icahn's Influence and Tactics (00:15:02) Regulatory Changes and Hedge Fund Empowerment (00:21:18) Institutional Shareholder Services and Proxy Voting (00:27:24) Proxy Advisory Services Market (00:31:19) Hedge Funds and Power Dynamics in Corporations (00:34:03) General Electric Case Study (00:45:28) Hedge Fund Activism and Industry Impact (01:03:20) Impact of Private Equity and Financial Practices (01:09:07) Asset Distribution Disparities (01:15:29) Shareholder Value and Economy Dynamics (01:22:26) Employee Investment and Stock Market (01:30:48) Tesla and Corporate Governance (01:36:56) Apple's Board and Stock Buybacks (01:42:08) Biopharmaceutical Sector Dynamics (02:00:59) US Competitiveness and Stock Buybacks (02:06:09) Soft Landing Approach to Financial Reforms (02:17:26) Economic Literacy and Public Perception (02:22:11) Globalization and Economic Mobility #Economics, #ShareholderValue, #FinancialCrisis, #StockBuybacks, #HedgeFunds, #Finance, #CorporateGovernance, #WallStreet, #FinancialMarkets, #EconomicGrowth, #PrivateEquity, #Innovation, #BusinessStrategy, #philosophypodcast, #sciencepodcast, #longformpodcast Check our short-films channel, @DemystifySci: https://www.youtube.com/c/DemystifyingScience AND our material science investigations of atomics, @MaterialAtomics https://www.youtube.com/@MaterialAtomics Join our mailing list https://bit.ly/3v3kz2S PODCAST INFO: Anastasia completed her PhD studying bioelectricity at Columbia University. When not talking to brilliant people or making movies, she spends her time painting, reading, and guiding backcountry excursions. Shilo also did his PhD at Columbia studying the elastic properties of molecular water. When he's not in the film studio, he's exploring sound in music. They are both freelance professors at various universities. - Blog: http://DemystifySci.com/blog - RSS: https://anchor.fm/s/2be66934/podcast/rss - Donate: https://bit.ly/3wkPqaD - Swag: https://bit.ly/2PXdC2y SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/DemystifySci - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671

Dr. William Lazonick is an economist who studies innovation and competition in the global economy, who has recently been focusing on the corrosive role of stock buybacks. We invited him on to explain why this widespread financial practice is such a bad idea in his eyes, and in return were provided with a comprehensive model of what makes a successful economy. In short, Lazonick believes that no economic system can survive without "the firm," the kind of old school corporate organization that maintained a stable a social contract with its workers, sometimes over the course of an entire lifetime. In Lazonick's view, all economic growth and progress comes down to the ability of the firm to honor that social contract, which means he traces the slump we're in to the death of this tradition. But the question is, what caused us to become eternally itinerant workers in search of global opportunties, hopping from job to job every few years? Lazonick's got that answer, too. He points to a radical transformation of our financial and economic system that came to a head in the 1970s. PATREON: get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB MERCH: Rock some DemystifySci gear : https://demystifysci.myspreadshop.com/ AMAZON: Do your shopping through this link: https://amzn.to/3YyoT98 SUBSTACK: https://substack.com/@UCqV4_7i9h1_V7hY48eZZSLw@demystifysci FURTHER READING Eric Williams: Capitalism and Slavery (https://amzn.to/4gvd0rW) Alfred Marshall: Principles of Economics (https://amzn.to/49AnpR9) John Kenneth Galbraith: The Great Crash (https://amzn.to/4iuykQp) Edwin Black: IBM and the Holocaust (https://amzn.to/4gwFce8) Milton Friedman: The Social Responsibility of a Business is to Increase Profits (https://www.nytimes.com/1970/09/13/archives/a-friedman-doctrine-the-social-responsibility-of-business-is-to.html) (00:00) Go!(00:09:21) The Study of Economics: Integrating History and Theory(00:15:21) Capitalism, Innovation, and Economic Growth(00:29:27) Shift from Feudalism to Corporate Structures(00:37:00) Global Capital and Industrial Revolution(00:41:28) Transition to Large Firms in America(00:49:12) Evolution of U.S. Steel and Stock Market's Role(00:52:05) Venture Capital and Initial Public Offerings(00:59:12) Corporate Financial Strategies Pre-Depression(01:03:00) Stock Buybacks and Modern Corporate Strategies(01:09:40) Rise of Mass Unionization(01:20:14) Stock Market Roles and Corporate Control(01:31:10) Managerial Strategy Shifts(01:41:06) Technological Shifts and Corporate Adaptation(01:51:13) Rise of Silicon Valley and Corporate Strategy(01:56:23) Evolution of the Tech Industry(02:02:47) Shareholder Value Ideology(02:18:40) Shift in Investment Strategies(02:26:02) Corporate Focus on Stock Buybacks(02:32:00) Mechanics of Stock Buybacks(02:37:14) Financialization and Market Effects #CorporateHistory, #StockBuybacks, #ShareholderValue, #StockMarket, #Innovation, #EconomicGrowth, #IndustrialRevolution, #TechnologyTrends, #MiddleClassDecline, #SiliconValley, #ShareholderValue, #CorporateCulture, #Unionization, #EconomicInequality, #ModernEconomy, #USEconomy, #LaborMarket, #HumanCapital, #EconomicDecline, #1970sEconomy, #CorporateCollapse,#WealthInequality, #1980sEconomy, #FinancializationCrisis, #StockMarketImpact, #SiliconValleyStory, #VentureCapital, #StartupCulture, #TechInnovation, #Microelectronics, #TechHistory, #CorporateAdaptation, #ShareholderValue, #CorporateStrategy, #MiltonFriedman, #EconomicPolicy, #FinancialMarkets, #CorporateFinance, #StockBuybackDebate, #EconomicAnalysis, #sciencepodcast, #longformpodcast

Not many CEOs would roll up their sleeves and ride on the back of a waste truck at 2am once a week for seven years. But for today's guest, it was the best way to get to know his employees and learn first-hand what impacts their productivity in the field. In this episode, Waste Management President and CEO Jim Fish joins Simon and guest host Emma Combe – host of Redefiners' sister podcast, Leadership Lounge – to dig into what it takes to run a $20 billion company working on the frontlines of sustainability. Jim shares his insights into the importance of putting people first and creating sustainable value through all phases of the waste cycle – from recycling and composting to producing renewable natural gas as a byproduct from landfills to running his waste fleet on natural gas. He also talks about his views on CEOs weighing in on social topics and the delicate balance leaders need to strike between having a personal opinion and the broader responsibility to shareholders. We'll also hear from Justus O' Brien, a Managing Director in our Stamford office, who will outline what it takes to transition from the CFO role to the top seat.  Four things you'll learn from this episode: How to get your team on board with sustainability initiatives How to adapt your business to changing market conditions What it takes to create a people-first organization What is the CEO's role when it comes to social issues How to balance and prioritize the many responsibilities and stakeholders a CEO has to manage If you enjoyed this episode, you might also like these Redefiners episodes: Putting Sustainability Talk into Action with former Enel CEO Francesco Starace Leadership Lounge: Advice on when—and how—to weigh in on social issues Daring to Build a More Sustainable World with Kate Brandt and Sophia Mendelsohn Unpacking Leadership Lessons with Marriott International President and CEO Tony Capuano

As we approach the Commodities Global Expo 2024, which will be held from October 20 to 22 at the Four Seasons Fort Lauderdale, Florida, we sit down with Rachel Goldman, CEO of Paramount Gold Nevada (NYSE American: PZG). This U.S.-based precious metals exploration and development company is advancing gold and silver projects with a focus on creating shareholder value.In this interview, Rachel Goldman provides updates on Paramount Gold Nevada's key projects: the Grassy Mountain Gold Project in Oregon and the Sleeper Gold Project in Nevada. She also discusses the company's financial strength and value proposition.Explore Paramount Gold Nevada's projects at https://paramountnevada.com/. Don't miss your chance to network with Rachel and her Paramount Gold Nevada team at Commodities Global Expo 2024: https://topshelf-partners.com/Watch the full YouTube interview here: https://www.youtube.com/watch?v=czpB7UteqacAnd follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

To say Vicky Leonard is brave is probably an understatement. Back in 2017 she published a series of blogs where she outlined the threat poor horse welfare poses to the racing industry. It caused quite a stir. Since then she has been advocating for change in the industry because as she sees it, horse welfare is the one issue that could bring racing down. In the seven years since that post, she has led hard conversations all over the world to help the industry grasp the risk to their reputation, their bottom line...their future. Like most horse people, Vicky is an optimist and a doer. She not only sees the dangers, but also the opportunities to make things better, and the many positive changes that are already happening. Vicky gives us a glimpse into the world of racing and her insights are valuable for everyone interested in the future of horses in sport.

Nell'ambito del modulo "Governance, corporate social responsibility and social innovation" del Ph.D. in Business for Society si è tenuto un ciclo di seminari sui temi più attuali legati alla sostenibilità e all'innovazione tecnologica nel diritto societario. Il quinto incontro si è tenuto il 4 luglio 2024, e ha avuto come tema centrale quello delle "Benefit Corporations: directors' fiduciary duties between Shareholder Value and Stakeholders Rights". Il seminario è stato tenuto da Alessandra Daccò dell'Università degli Studi di Milano-Bicocca e moderato dal prof. Gabriele Nuzzo.Diventa un supporter di questo podcast: https://www.spreaker.com/podcast/stroncature--4265827/support.

In today's podcast, Dustin Senger, Treasurer of Knife River, shares the challenges and impacts of corporate spinoffs on treasury operations. Learn about Knife River's journey to creating more value for shareholders through a spinoff, as well as how they have handled the separation of systems from the former parent company. The conversation also covers staffing, financing, and setting up new banking structures. Listen in to learn more. 

 In this insightful episode, Ed Vincent, CEO at SRA Watchtower continues the conversation with Niki White, Chief Growth Officer at SRA Watchtower. Building on their previous discussion, they delve into how a robust risk culture can be quantified to enhance institutional efficiency, strategic alignment, and shareholder value. Follow SRA to Learn More.Follow us to stay in the know!

Send us a Text Message.Hey, welcome to another episode of Making Billions, I'm your host, Ryan Miller and today I have my dear friend Claire Milligan. Claire is the CEO at Aimably, a software company that helps venture capitalists to reduce the cloud costs of their portfolio companies. So what does that mean? Well, it means that Claire and her company at Aimably help venture capitalists and fund managers to enhance the return on investment, while reducing wasteful costs for any company they invest in, that runs on the cloud.Subscribe on YouTube:https://www.youtube.com/channel/UCTOe79EXLDsROQ0z3YLnu1QQConnect with Ryan Miller:Linkedin: https://www.linkedin.com/in/rcmiller1/Instagram: https://www.instagram.com/makingbillionspodcast/Twitter: https://twitter.com/_MakingBillonsWebsite: https://making-billions.com/[THE GUEST]: Claire is the CEO at Amiably, a software company that helps venture capitalists to reduce the cloud costs of their portfolio companies.[THE HOST]: Ryan is a Venture Capital & Angel investor in technology and energy. He achieved market-beating placement growth in his first 5 years in the industry.Support the Show.DISCLAIMER: The information in every podcast episode “episode” is provided for general informational purposes only and may not reflect the current law in your jurisdiction. By listening or viewing our episodes, you understand that no information contained in the episodes should be construed as legal or financial advice from the individual author, hosts, or guests, nor is it intended to be a substitute for legal, financial, or tax counsel on any subject matter. No listener of the episodes should act or refrain from acting on the basis of any information included in, or accessible through, the episodes without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from a lawyer, finance, tax, or other licensed person in the recipient's state, country, or other appropriate licensing jurisdiction. No part of the show, its guests, host, content, or otherwise should be considered a solicitation for investment in any way. All views expressed in any way by guests are their own opinions and do not necessarily reflect the opinions of the show or its host(s). The host and/or its guests may own some of the assets discussed in this or other episodes, including compensation for advertisements, sponsorships, and/or endorsements. This show is for entertainment purposes only and should not be used as financial, tax, legal, or any advice whatsoever.

SGX RegCo is trying to remove impediments to shareholder-requisitioned EGMs, to subject companies to greater market discipline. Its CEO Tan Boon Gin talks to BT's Ben Paul about how this aligns with the larger goal of boosting shareholder value and creating a more vibrant market. Synopsis: Listen to senior correspondent Ben Paul's analysis and insight on market trends and corporate issues in Singapore in this podcast series based on his weekly column in The Business Times. Highlights of the podcast: 01:54 Regulation to support shareholder value creation 06:17 Proposed EGM rules empower minority investors 11:42 EGMs versus AGMs: the Great Eastern case  15:59 How Sabana Reit's activists have wielded EGMs 19:36 Should Singapore follow Japan, South Korea? --- Now, we want to hear from you! Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg. We'll look into it for future episodes. --- Written and hosted by: Ben Paul (benpaul@sph.com.sg) With Tan Boon Gin, CEO, Singapore Exchange Regulation Edited by: Emily Liu, Lee Kim Siang & Claressa Monteiro Produced by: Ben Paul & Emily Liu Engineered by: Joann Chai Pei Chieh & Claressa Monteiro A podcast by BT Podcasts, The Business Times, SPH Media Follow BT Mark To Market: Channel: bt.sg/btmark2mkt Apple Podcasts: bt.sg/4DJp Spotify: bt.sg/4DJN YouTube Music: bt.sg/m2myt Google Podcasts: bt.sg/4D2E Website: bt.sg/mark2mkt Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party's products and services. Please consult professional advisors for independent advice. --- Discover more BT podcast series: BT Money Hacks: bt.sg/btmoneyhacks WealthBT: bt.sg/btwealthbt PropertyBT: bt.sg/btpropertybt BT Podcasts: bt.sg/pcOM BT Market Focus: bt.sg/btmktfocus BT Branded Podcasts: bt.sg/brpod BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.

2:12 - Why she became a self-pay patient after two medical bankruptcies. 9:22 - How to navigate self-pay by removing fear-based thinking (I must have health insurance) and negotiate with every single healthcare service you pay for. 11:02 - The freedom that comes with leaving health insurance behind and embracing self pay.11:58 - How hospital foundations and patient pay advocates have emerged to embrace (somewhat) self-pay.12:49 - As a high earner, she does not use these foundations, but negotiates to pay her bill. She's also a member of Christian Healthcare Ministries (CHM),  a health cost sharing ministry. 13:20 - How CHM works - you become a member, pay a monthly fee. When a healthcare episode arises, you access CHM to get your healthcare bills paid, or shared. 15:14 - Sloane details the self-pay patient journey, how self-pay doesn't trickle through to all areas of the healthcare industry, and how to educate each sector about self-pay.22:50 - How to ask for the self-pay rate as a patient.25:00 - Where Sloane negotiated for care from one provider that was 75% less than what another provider quoted. 26:35 - How physicians are fairly  knowledgeable about self pay, but those in their business offices are not. They are trained to work with insurance. She packs her "patience and grace" to ask them to do something that is unusual. 29:25 - Tom pivots the conversation to how Sloan copes with a diagnosis of a terminal illness (at age 23). She doesn't let it define her, and looks at her condition as a chronic illness. 30:23 - How Sloane and Tom agree that it is the dying person's responsibility to prepare the living  for their own death. 34:14 - Why doctors ignore DNRs (hint: it has to do with litigation). 35:10 - Tom laments that modern Stoics don't talk suicide the way the original Stoics did - it is the last vestige of our wills. 37:50 - Sloane shares her grandmother's advice about friendship: you really only need 6 friends in life; 3 on one side of the casket, and 3 on the other. 38:10 - The extreme rarity of having one really close friend. 40:00 - Shifting to business, how she found herself in Nashville's health tech scene. Pre-pandemic, it was crowded, healthy and vibrant. Backed by Nashville and nationwide private equity and venture capital firms, and also supported by local institutions like the Nashville Entrepreneur Center, Nashville Healthcare Council, local family funds, and others, founders were getting a lot of support. 41:13 - When founder-led companies become responsible for creating shareholder value. The trajectory to create shareholder value is a big change, and she learned how sales and marketing played such a significant role in creating that value. 42:35 - Creation of her secret sauce: the strategy/methodology/execution of marketing to build to exit, and understanding how to make quick pivots as needed. 44:02 - What healthcare doesn't talk about post-pandemic: the rise in chronic disease, chronic care. Fortunately, many tech companies have come forward to begin to address this issue, but the exits are not as speedy as they once were.45:29 - The role of a strategic story in an exit, and how your fly paper is still whether or not you created shareholder value. But healthcare needs to re-think intellectual property.47:00 - The other way to re-frame and look at shareholder value: the customer relationships you create. If you can own a swim lane in the market, and really own it well, that has enormous value. 48:16 - How mergers often destroy value by devaluing the brand and the culture. 51:24 - Who shaped her marketing philosophy, Marty Neumeier, who was Steve Jobs' brand mentor. She believes, as Marty maintains, that a brand isn't what you say it is, it's what your customer says it is. 54:17 - How she loves founder-led companies, and how she gets so much more out of it than what she put into it. Her emotional paycheck gets cashed every time she sees someone get a check they never thought they would get.      

Today, we're covering a behemoth in the research market, Gartner. Executives are willing to pay up to $30,000 for reports and $50,000+ for full subscriptions so they can access insights and data to help them make business decisions, purchasing decisions, and pivoting decisions.  Our guest is Alvise Peggion, portfolio manager at Fairlight Asset Management. He helps us cover how Gartner grew into this at-scale player, how the research and sales model has been fine-tuned over time, and where the opportunity for growth is in the future. Please enjoy this Breakdown of Gartner.  Interested in hiring from the Colossus Community? Click here. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is brought to you by Public: Invest in stocks, bonds, options, crypto, and more in one place. A High-Yield Cash Account is a secondary brokerage account with Public Investing, member FINRA/SIPC. Funds from this account are automatically deposited into partner banks where they earn a variable interest and are eligible for FDIC insurance. Neither Public Investing nor any of its affiliates is a bank. US only. Learn more at public.com/disclosures/high-yield-account. This episode is brought to you by Tegus, the only investment research platform built for the investor. With traditional research vendors, the diligence process is slow, fragmented, and expensive. That leaves investors competing on how well they can aggregate data — not on their unique ability to analyze insights and make great investment decisions. Tegus offers an end-to-end platform with all the data you need to get up to speed on a company or market: up-to-the-minute financials, customizable models, management and culture checks, and, of course, our vast and growing library of expert call transcripts. Tegus is changing the world of expert research. Learn more and get your free trial at tegus.com/patrick. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @zbfuss | @ReustleMatt | @domcooke Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Welcome to Business Breakdowns (00:03:52) Deep Dive into Gartner's Business Model (00:05:13) Understanding Gartner's Value Proposition (00:08:40) Gartner's Competitive Landscape and Growth Strategy (00:18:19) The Evolution of Gartner (00:25:23) Gartner's Financial Model and Shareholder Value (00:26:55) Understanding Gartner's Revenue and Pricing Strategy (00:28:59) The Impact of the Pandemic on Gartner's Business Model (00:30:52) Gartner's Resilience Through Economic Cycles (00:34:38) The Value Proposition of Gartner to Executives (00:36:33) Gartner's Competitive Edge and Market Position (00:40:48) Sales Force Dynamics and Compensation Strategies (00:42:35) Future Growth Strategies and M&A Considerations (00:44:58) Future Growth and Strategic Focus (00:47:09) Key Lessons from Gartner's Success Learn more about your ad choices. Visit megaphone.fm/adchoices

This is Matt Reustle. Today, we break down Winmark, a major player in the reseller economy. You're likely familiar with some of Winmark's brands, like Plato's Closet or Play It Again Sports. Altogether, Winmark operates five brands through a franchising model.  Our guest to break down Winmark is the current CEO, Brett Heffes. During our conversation, we discuss the broader reseller economy, the dynamics of managing those brands and different franchise brands, and how Winmark thinks about growth. In the back half of the conversation, I also made sure to talk to Brett about his thoughts on capital allocation, focusing the business, and yes, on investor communication. Please enjoy this breakdown of Winmark. Interested in hiring from the Colossus Community? Click here. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is brought to you by Public. A High-Yield Cash Account is a secondary brokerage account with Public Investing, member FINRA/SIPC. Funds from this account are automatically deposited into partner banks where they earn a variable interest and are eligible for FDIC insurance. Neither Public Investing nor any of its affiliates is a bank. US only. Learn more at public.com/disclosures/high-yield-account. This episode is brought to you by Tegus, the only investment research platform built for the investor. With traditional research vendors, the diligence process is slow, fragmented, and expensive. That leaves investors competing on how well they can aggregate data — not on their unique ability to analyze insights and make great investment decisions. Tegus offers an end-to-end platform with all the data you need to get up to speed on a company or market: up-to-the-minute financials, customizable models, management and culture checks, and, of course, our vast and growing library of expert call transcripts. Tegus is changing the world of expert research. Learn more and get your free trial at tegus.com/patrick. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @zbfuss | @ReustleMatt | @domcooke Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Welcome to Business Breakdowns (00:04:25) Exploring the Resale Market with Windmark's CEO (00:06:34) The Mechanics of Winmark's Franchise Model (00:07:10) Winmark's Unique Position In The Resale Economy (00:12:21) Franchisee Support and Business Model Insights (00:20:44) Growth Strategies and Franchisee Expansion Philosophy (00:24:12) A Look At The Franchisee Agreement (00:26:57) Traits of Successful Franchisees and Common Mistakes (00:28:42) Effective Marketing Strategies for Franchisees (00:30:45) The Importance of Viewing Stores as Legacy Assets (00:32:33) Renewal Rates and Franchisee Health as Key Metrics (00:35:27) Shifting Focus From Leasing Business to Core Resale Operations (00:41:19) Capital Allocation and Shareholder Value (00:45:51) A Unique Approach to Investor Relations (00:47:31) Lessons Learned From Breaking Down Winmark Learn more about your ad choices. Visit megaphone.fm/adchoices

Empower Clinics is a healthcare company with a growing research and clinical trials division that is currently achieving early success in the Dallas and Los Angeles markets, including already being awarded its first clinical trial from a Global Fortune 500 Pharmaceutical Company.  But Empower is just getting started according to CEO Steven McAuley, who has come out of regulator mandated stealth mode to report very promising business growth to shareholders. Specifically, while under cease trade, Empower has grown their active sites from 2 in the fall to 6 today - and Principal Investigators from 6 to 14 today.  That foundation of doctors and medical offices opens the door to potential major contract wins from pharmaceutical companies that need speed and smarts from partners like Empower to get their clinical trials completed. Empower's timing couldn't be better because Fortune Business Insights states the global Clinical Trials Market size is projected to reach USD 92.45 billion in 2030, driven by expanding pharmaceutical, biotechnology, and medical device R&D pipelines as developed G20 nations demographics get increasingly older.  This positions Empower to play a pivotal role  in this transformative era of healthcare.  Watch this powerful interview with CEO Steven McAuley and AGORACOM Founder George Tsiolis.

Olympio Metals Limited (ASX: OLY) is focused on delivering shareholder value through the discovery and development of its critical minerals projects.Discover this Australian mineral exploration company's journey and investment potential in this interview featuring Managing Director Sean Delaney. With over 30 years of industry experience in mineral and exploration, Sean explores and provides the latest updates on the firm's Hall Creek, Goldfields, and Eurelia Projects in Australia and the recently acquired Cadillac Lithium Project in Canada's Abitibi Témiscamingue region.Be sure to check out Olympio Metals' website: https://olympiometals.com.au/Watch the full YouTube interview here: https://youtu.be/iHFwGVDYvocAnd follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

Die allmähliche Verfertigung des Investments beim Laufen in Mainhattan. Heiko Böhmer von Shareholder Value auf dem Frankfurter Börsentag: "Wir kratzen jetzt Richtung 18.000 Punkte, obwohl sich an den Rahmenbedingungen wenig verändert hat." Gibt es negative Vibes? Die eine oder andere zu positive Aussicht an den Märkten könnte gewiss zu Enttäuschungen führen. "Wir sehen psychologische Effekte, ein Fear of missing out. Es riecht nach kurzfristiger Übertreibung." Wenn ein Unternehmen keinen Burggraben hat, dann müssen eben andere Faktoren überzeugen. "Wir schauen auf die Zweitrundengewinner." Mehr dazu in diesem Podcast! ✅✅✅ Abonnieren Sie hier den Shareholder Value Newsletter: https://www.shareholdervalue.de/newsletter ▶️ Hier geht es zum aktuellen Frankfurter Investmentblog: https://www.shareholdervalue.de/blog/author/heiko-boehmer +++RECHTLICHE HINWEISE+++ https://www.shareholdervalue.de/rechtliche-hinweise

Candy's off on her travels somewhere so it's just the boys this week. But Gadget's back, so all rejoice. This week we're talking about: Helldivers II Children of Time by Adrian Tchaikovsky Twilight Survivors Octopath Traveler II Bob Marley: One Love Zone of Interest Alan Wake Wish CONTACT US Website Modern Escapism are creating Brilliant Podcasts | Patreon Email Twitter Instagram Discord Twitch TikTok Check out our other podcasts: https://shows.acast.com/scorchedsheep https://shows.acast.com/smashthatglass https://shows.acast.com/deepdivelounge You can also follow us individually at: @OodlesODimm @Bigkopman @GadgetTheDM candymachine_tattoos This episode was produced and edited by Gadget

Es gibt nicht nur einen Heiko in der Branche. Heiko Böhmer freut sich auf dem Börsentag in Dresden ganz besonders auf den Vortrag des Börsenaltmeisters Heiko Thieme. Eine Glaskugel und exakte Prognosen werden sie beide nicht im Gepäck tragen. Shareholder Value kommt nicht nur mit aktiven Fonds, sondern präsentiert den Privatanlegern auch einen ETF. Dieser Frankfurter UCITS ETF Modern Value wurde vom Researchteam selbst aufgesetzt und wird immer wieder aktiv verändert. Über 4 Mrd. Menschen sind in diesem Jahr zu maßgeblichen Wahlen aufgerufen - ein Novum. Böhmer erwartet eine "wilde Fahrt Richtung US-Wahl", sie wird auch die Zinspolitik steuern. "Traden macht Spaß, aber Investieren bringt das Vermögen." Mehr dazu in diesem Podcast! ✅✅✅ Abonnieren Sie hier den Shareholder Value Newsletter: https://www.shareholdervalue.de/newsletter ▶️ Hier geht es zum aktuellen Frankfurter Investmentblog: https://www.shareholdervalue.de/blog/author/heiko-boehmer +++RECHTLICHE HINWEISE+++ https://www.shareholdervalue.de/rechtliche-hinweise

Hey there, podcast enthusiasts!We're excited to announce the release of the latest episode of The Bo & Luke Show, featuring guest Matt McCarthy from Questful Consulting. In this episode, Bo and Luke dive into a thought-provoking discussion about the importance of mission-driven companies and the impact of prioritizing purpose over profits.Here's a sneak peek at what you can expect from this episode:✅ The difference between companies with a mission-driven focus and those focused solely on shareholder value.✅ Challenges faced by mission-driven companies, including founder mindset and pressure from investors.✅ The profound impact of mindset on business success and the importance of measuring one's mission, both within an organization and in personal life.✅ Insights into the rising importance of mission and vision in the workplace, especially with the increasing focus on work-life balance and meaningful work, particularly among millennials.✅ The role of inherent activism and the need for change in corporate America, even if it wasn't always visible.This episode is packed with valuable insights for anyone interested in the intersection of business, purpose, and positive change. You won't want to miss it!Happy listening!Discover your leadership edge with Edge Leadership Academy. Their expert coaching transforms high performers into influential leaders. Whether in business or athletics, they tailor their approach to your unique journey. Embrace their mentorship and workshops to elevate your leadership skills. Join the ranks of those who lead with confidence and purpose. Visit edgeleadershipacademy.com to start your transformation. Edge Leadership Academy –

Learn from Vellayan Subbiah about running a successful business in India and how digitization and policy changes are impacting the business climate.

Tabak-Aktien Das große Update mit Tobias Kramer, Christian W. Röhl und sieben Unternehmen! Ist nach der milliardenschweren Abschreibung bei British American Tobacco nun die Dividende in Gefahr – oder sind 10% Rendite nicht eher ein Hinweis auf eine besondere Kaufgelegenheit? Bleibt Philip Morris International mit seinen IQOS-Produkten auf Wachstumskurs – oder drücken die Schulden für die Swedish Match-Übernahme zu arg? Und was ist mit Altria – kann die Marlboro-Company nach den Investment-Flops der letzten Jahre endlich wieder Shareholder Value liefern? Ebenfalls dabei: Die einzige Tabak-Aktie, die in den vergangenen zwölf Monaten zweistellig gestiegen ist… und eine tschechische Zigaretten-Dividende, die fast zur Hälfte beim Fiskus verdampft ist.

Heute sind die Babos in Weihnachtsstimmung. Gestern hatte Endrit seine Weihnachtsfeier bei Shareholder Value und heute feiert Michael seine Weihnachtsfeier bei Clartan. Aber das ist nicht das Hauptthema der heutigen Folge. Die Babos sprechen über die relativ schwache Performance des US-Marktes im Vergleich zu Europa in dieser Woche, darüber, warum die Renditen der US-Staatsanleihen aktuell fallen, und ob das nächste Jahr ein gutes Jahr für Small-Caps sein könnte. Wenn ihr mehr erfahren wollt, dann schaltet jetzt ein! Viel Spaß mit der aktuellen Episode! Liebe Grüße, Michael Duarte & Endrit Cela - Besuchen Sie uns auf unserer Website: https://www.investmentbabo.com - Liken Sie uns auf Facebook: https://www.facebook.com/Investmentbabo - Folgen Sie uns auf Twitter: https://www.twitter.com/investmentbabo - Folgen Sie uns auf Instagram: https://www.instagram.com/investmentbabo DISCLAIMER: Der Inhalt dieses Podcasts dient ausschließlich der allgemeinen Information. Diese Informationen können und sollen eine individuelle Beratung durch hierfür qualifizierte Personen nicht ersetzen. Die Informationen in Bezug auf die von der Clartan Associés und Shareholder Value Management AG verwalteten Sondervermögen stellen keine Anlageberatung und keine Kaufempfehlung dar.

Hi, welcome to ValuationPodcast.com - A podcast and video series about all things related to business and valuation.  My name is Melissa Gragg, and I'm a divorce financial mediator in St. Louis Missouri. Today we are discussing Value Creation at Every Stage of the Business Cycle with Jordi Pujol a CFA or Chartered Financial Analyst, and MBA graduate from The Wharton School of Business. Jordi is a financial modeling wizard and Valuation Specialist in Los Angeles. He works in the Middle Market, appraising businesses and Intellectual Property (IP) for financial reporting, tax reporting, and strategic decision-making. He works with a boutique investment bank in Southern California. Support the show

I bet you always wanted to know how to make a few billion dollars.Well, I wanted to know too, so I read the book “How to Make a Few Billion Dollars” by Brad Jacobs.But, I had questions...Luckily for us, Brad agreed to come on the show!  Brad has founded seven companies―all billion-dollar or multi-billion-dollar corporations―completed approximately 500 M&A transactions, and raised $30 billion of debt and equity capital through private and public offerings, including three IPOs. He began his career at age 23 when he founded Amerex Oil Associates, followed by Hamilton Resources, both privately held. He subsequently created five publicly traded companies―United Waste Systems, United Rentals, XPO, and XPO's two spin-offs, GXO Logistics and RXO.I asked my questions, some related to making billions of dollars, but also stuff that had completely nothing to do with it. Although...maybe it *does* have something to do with making billions of dollars after all...-----------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to “The James Altucher Show” wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook

Grizzle had the opportunity to sit down with Mark Brennan, CEO of Cerrado Gold (TSXV:CERT) - an emerging mid-tier low cost gold producer, operating and building projects in South America. He's one of the industry's great mining operators, a builder that consistently delivers growth and shareholder value. Topics: 00:00 Intro 01:40 Fundamentals for gold in the current macro environment 06:00 Operating environment in South America - Brazil & Argentina 12:18 Mining in Quebec 14:11 Capital investment in Argentina and resource endowment 20:15 Bonanza grades of gold a game changer for Minera Don Nicolas 27:18 Cerrado's oversubscribed low cost project financing and the significant value for the company 32:05 Export credit funding a source of low cost of capital 37:21 Cerrado's longer term development roadmap 42:24 Hunting for mining opportunities across the metals complex - Assets are everything 45:50 Exploration a key driver to increase net present value (NPV) for Monte Do Carmo (Brazil) 49:31 The right asset needs the right team Cerrado Gold: https://www.cerradogold.com/ Grizzle Research & Quant: https://grizzleresearch.substack.com/

Peter Cappelli, Wharton Emeritus Professor of Management, joins the show to discuss his book, "Our Least Important Asset" and the impact of financial accounting on hiring. Hosted on Acast. See acast.com/privacy for more information.

Our competition to win a ticket for the Sifted Summit has now closed, thanks for entering if you took part! We're still keen to learn more about who listens to the podcast,  please take this five-question survey if you have a minute to spare: https://ftx.typeform.com/to/L2ai27FuThis week we discuss:01:51 Data roaming outside the EU still sucks — but the AUTO1 founder's new startup wants to fix it06:31 The German spacetech planning to fire stem cell 'organoids' into orbit10:31 Babylon shareholders wiped out as healthtech agrees to delist12:55 Startup boards are still a boys' club — 45% have no female representation17:58 'The G-spot of Europe': how Vilnius is trying to attract international tech talent

0:00 -- Intro. *Note: you can check out our analysis of Succession's first season in E98 of this podcast (published on May 22nd, 2023).1:43 -- Start of interview.4:03 -- Governance challenges to family-owned companies.5:50 -- On Kendall's car accident and legal implications. Issues of corporate wellness, mental issues and drug-use. *Story on Tyson Foods' CFO.10:55 -- Waystar's response to “bear hug” offer from Maysberry. “I saw their plan, but my father's was better.” On disclosure process and vetting of public statements.17:34-- Impact of explosion of Waystar rocket in Japan (after Roman rushed the launch).18:45-- On Shiv's prospects as CEO of Waystar.20:13 -- On the role of the board in the "bear hug," conflicts of interests, and lack of an independent committee of the board.21:25 -- The Pierce acquisition to block Sandy and Stewy. On the role of third-party advisors (investment banks) and the Jamie Laird character.27:46 -- On sovereign wealth funds looking to control the news through ATN. On the character of Mark Ravenhead.33:10 -- The Vaulter shutdown and question on unions.41:04 -- Revelation of cruise line issues (press report) lead to loss of business opportunities (Pierce, etc.) and loss of key employees (Rhea's departure). The accounting whistleblower. Rhea, worrying that she's agreed to be CEO of a “dumpster fire pirate death ship” says, “Either they did know, which is terrible, or they didn't know, which is an unconscionable lack of control.” (Caremark standard) 47:17 -- The Congressional hearing. How should CEOs and/or management prepare for congressional hearings? "This is not a court house, it's a stage." "Testifying in Congress is much more similar to being on a Sunday morning news show." "The clock is your friend here." "In circumstances like that, sometimes the best answers are yes, no, or I don't recall - as opposed to speechifying about something."54:35 --  The questionable decision of having a general counsel testify in Congress. On waivers of attorney-client privilege.1:00:26 --  The "blood sacrifice" offered by Waystar Royco after the Congressional hearing. Caremark standard and the fallacy of "what you don't know can't hurt you" (willful blindness). The NRPI ("No Real Person Involved") notations in shadow logs.1:09:26 --  Cultural and reputational issues and the way the show connects them to shareholder value. Culture of fear and bullying. Sexual harassment and improper behavior.Kate O'Leary is the Global Executive Litigation Counsel at General Electric Company.__ You can follow Evan on social media at:Twitter: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

Greg Bailey has now been involved in an almost dizzying number of startups. Now with his latest venture he is aiming to help you live healthier, and for longer. The startup, Juvenescence, attracted funding from top-tier investors like Longevity Vision Fund, Foresite Capital, Fastforward Innovations, and Grok Ventures.

David Webber is the author of the critically-acclaimed book, The Rise of the Working-Class Shareholder: Labor's Last Best Weapon, published by Harvard University Press. Webber toured extensively for the book and published op-eds about it in the New York Times, the Washington Post, the Los Angeles Times, and elsewhere.In 2022, Webber published scholarly articles in the Harvard Business Law Review, the University of Chicago Business Law Review, and the University of Pennsylvania Journal of Law and Business. His co authored article, “Shareholder Value(s): Index Fund ESG Activism and the New Millennial Corporate Governance,” was selected as one of the top ten corporate and securities law articles of 2020 in a national survey of law scholars by Corporate Practice Commentator.Webber is the winner of Boston University School of Law's 2017 Michael Melton Award for Teaching Excellence, and the dean's award for service to the law school in 2020 and 2021. He also co-teaches the Pensions and Capital Stewardship course for the Harvard Trade Union program at Harvard Law School. He is a graduate of Columbia and NYU Law School, where he was an editor for the law review.

0:00 -- Intro.1:35 -- Start of interview.4:35 -- About his new book "The Profit Motive, Defending Shareholder Value Maximization" (2023). He wrote it to offer context for the current debate about corporate purpose and ESG. He argues that shareholder value maximization is not only required by law, but what the law ought to require.9:23 -- His take on why we should care about corporate purpose.13:54 -- The legal arguments and foundation for directors' duties to maximize shareholder value. 16:26 -- On the merits of the Business Roundtable Restatement of the Purpose of the Corporation (2019). "It can't really be justified." "The concern is that directors that are accountable to everybody, are accountable to no one."20:54 -- On public benefit corporations. "The core problem of PBCs is that it's still the shareholders that elect directors, it's still the shareholders to whom the directors owe fiduciary duties, and that becomes a particular problem when a PBC goes public [they become vulnerable to shareholder activists.]" Example: Etsy case. "Hobby Lobby strikes me as an ideal [private company] to become a PBC [because they have a small number of shareholders, all of whom share the same social/political/religious point of views, and are willing to sacrifice profits to carry out those views and support a board of directors that seeks to advance those views."]26:33 -- On the influence of EU/international views on U.S. corporations, and vice-versa (for example, influence of Delaware corporate law on international corporate law, ie. in Israel). On diversity quotas on boards.31:07 -- The take-aways from his book: "be deeply skeptical about what CEOs say in this area [ESG], and watch what they do." The phenomenon of greenwashing. The case of Marc Benioff and Salesforce.35:33 -- On the SVB collapse and the current financial crisis. "I think it's really important that directors be focused on enterprise risk management." 42:07 -- On the Credit Suisse collapse and merger with UBS. "It's been a banking industry problem child for a long time."44:56 -- On the expansion of Caremark Duties and the McDonald's case. "There are two rulings from the case that are interesting but also controversial: 1) Officers also have Caremark duties (oversight obligations), and 2) Sexual harassment claims were breaches of fiduciary duty. We are potentially opening the door to treating employment discrimination cases as breaches of fiduciary duties. So what's next is sort of the question. I think [VC Laster] has opened a real Pandora's box in terms of [where this may be going]."51:57 -- On the compliance industry.  The rise of the Master of Legal Studies "M.L.S." with a focus on compliance at UCLA School of Law. "Compliance is a growth industry."53:50 -- On large asset managers passing-through voting power to beneficial owners.  "I'm deeply skeptical."55:44 -- The books that have greatly influenced his life: Mere Christianity, by C.S. Lewis (1952)Insider Trading and the Stock Market, by Henry G. Manne (1966)Fundamentals of Corporation Law, by Michael Dooley (1995)56:07 -- His mentors, and what he learned from them. Michael Dooley, who taught at the University of Virginia School of Law.56:48 --  Paraphrasing Winston Churchill: "I'm prepared to settle for the very best" [the exact quote: “My tastes are simple: I am easily satisfied with the best.”]57:07 --   An unusual habit or an absurd thing that he loves: he's an amateur chef, and loves designing meals, matching food with wine. Tropical fish.57:46 --   The living person he most admires: Bishop Robert Barron.Stephen Bainbridge is the William D. Warren Distinguished Professor of Law at UCLA School of Law. Professor Bainbridge is a prolific scholar, whose work covers a variety of subjects, but with a strong emphasis on the law and economics of public corporations. He has written over 100 law review articles and 20 books, including seven in multiple editions.__ You can follow Stephen on social media at:Twitter: @PrawfBainbridgeBlog: https://www.professorbainbridge.com/__ You can follow Evan on social media at:Twitter: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

A review of 10 years of Walgreens (WBA) financial data and Per Unit Economics. Failing to grow EBITDA but trading at a premium. This stock is a large downside risk. Let's dive into the number and find the true Cash Flow Value. "Long ago, Ben Graham taught me that 'Price is what you pay; value is what you get.' Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." - Warren Buffett So, here's what we'll be looking at in this video: 00:00 Walgreens stock analysis 00:29 The 5 key attribute 01:56 Financial results 10:02 Free cash flow 14:05 Per unit build-up 16:48 WBA Forecast 2032 21:38 Should you invest in WBA? Final review Don't forget to Like this video and SUBSCRIBE for weekly stock reviews!

Capitalism has created a lot of good things for humanity, but it has historically also been the source of many of the world's ills. Will capitalism in its current form be a catalyst for positive change? Or will it continue to wreak havoc on the planet and disadvantaged communities? Is it time to rethink capitalism and shift our focus from shareholder value to stakeholder value? This is perhaps one of the most critical conversations in the world today, and it's something that this episode's guest does not shy away from. Joining Anne Pratt in the conversation is Thierry Pimi, the Executive Managing Director for Cummins in the Middle East and Africa Regions. Mr. Thierry tells us what it means to be a people leader first, business leader second, and how that translates to crafting a stakeholder-centered corporate strategy within a massive multinational corporation. He also shares some wonderful business lessons that he learned from his first role model – his mother – and also from the world-renowned leader, Nelson Mandela. Tune in and get inspired to create change in this insightful conversation.Love the show? Subscribe, rate, review & share! https://anne-pratt.com

Reducing prices for key prescription drugs in the United States is always a challenge. But fresh analysis from the New Institute for Economic Thinking finds that the status quo will remain largely intact unless pharmaceutical companies sever executive pay from stock price performance and the companies are banned from stock buybacks, among other reforms. We speak with William Lazonick, professor emeritus of economics at the University of Massachusetts and co-founder and president of the Academic-Industry Research Network. Read more https://www.ineteconomics.org/perspectives/blog/sick-with-shareholder-value-us-pharmas-financialized-business-model-during-the-pandemic

0:00 -- Intro.1:34 -- Start of interview.2:28 -- Mary's "origin story". About her legal career at Pillsbury Winthrop Shaw Pittman LLP. On the influence of Toni Rembe on her board career.  9:13 -- On her transition to a board career, and lawyers as corporate directors. "Boards have prejudice against putting lawyers on boards. I think that is wrong and extremely short sighted [But I think we are starting to see a real trend of more lawyers on boards.]" The ABA and Catalyst's DirectWomen Initiative (its mission is to increase the representation of women lawyers on corporate boards.)11:57 -- On the evolution of gender diversity at law firms. "I see progress, but probably not as fast as the most enlightened corporate environments."13:49 -- On boardroom diversity. "In America we have a cultural norm against quotas." 19:01 -- On the evolution of shareholder engagement and the empowerment of corporate directors.22:24 -- On the shareholder and stakeholder governance debate [BRT restatement of the purpose of the corporation 2019] "I've always thought that this was a little bit of a circular tempest in a teapot because in my mind companies need to be run for the medium to long-term interest of the shareholders."24:23 -- On ESG and the latest "anti-ESG" trend.25:45 -- How should [technology company] boards approach the current downturn.29:46 -- On supervisory boards in Europe and the advantages (flexibility) of US corporate governance standards.32:27 -- On tech companies staying private or going public. "There is a fair legitimate bias against going public now."  "We've got to be clear on whether some of our regulation of public markets is worth the candle." "[But] the American economy [to be the dominant force in the world] needs both the public and private markets."36:23 -- On private equity boards. [For extra background, see Boards 3.0 by Profs Gilson and Gordon]40:07 -- On founder-led companies and the practice of dual-class share structures.41:35 -- Her pitch for more lawyers on boards: "Lawyers are often phenomenal directors." "A good strategic lawyer should be a requirement on every board [but that's not how the current board world sees it]."44:47 - What books have greatly influenced your life: Good to Great, by Jim Collins (2001)Start Where You Are, by Pema Chodron (2001)46:01 - Who were your mentors, and what did you learn from them?Her mother and sister.Toni RembeMargaret Gill46:43 -  Are there any quotes you think of often or live your life by? "Don't believe your thoughts until you really look at them."46:53 - An unusual habit or an absurd thing that she loves: meditation (she's been doing it for 40 years)47:46 - The living person she most admires: "A group: the women who were first into their professions"Mary Cranston is a seasoned corporate director and attorney. She is the retired CEO and Chair Emeritus of Pillsbury Winthrop Shaw Pittman LLP. As CEO from 1999 to 2006, she expanded PWSP internationally, doubling its size and profitability. She currently serves as a director of Visa, The Chemours Company and TPG. She previously served on the public boards of MyoKardia and McAfee Corp. In addition, she serves or has served on several private and non-profit boards. __ You can follow Evan on social media at:Twitter: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

Tony Makuch is no stranger to the precious metal sector. He was the CEO of Kirkland Lake Gold, before being acquired by Agnico Eagle earlier this year. He is now Interim CEO of Discovery Silver. In this long-form conversation, Tony talks about continued shareholder value-add for gold mining companies, even when markets and economies are challenging. We discuss the merger of Kirkland Lake and Agnico earlier this year, his transition in management, and why Discovery Silver was a likely next position for him.

The idea that maximizing shareholder value takes legal and practical precedence above all else first came to prominence in the 1970s. The person who arguably did the most to advance the idea was the business school professor Michael Jensen, who wrote in Harvard Business Review and elsewhere that CEOs pursue their own interests at the expense of shareholders' interests. Among other things, he argued for stock-based incentives that would neatly align CEO and shareholder interests. Shareholder primacy rapidly became business orthodoxy. It dramatically changed how and how much executives are compensated. And it arguably distorted capitalism for a generation or more. Critics have long charged that maximizing shareholder value ultimately just encourages CEOs and shareholders to feather their own nests at the expense of everything else: jobs, wages and benefits, communities, and the environment. The past few years have seen a backlash against shareholder capitalism and the rise of so-called stakeholder capitalism. After reigning supreme for half a century, is shareholder value maximization on its way out? 4 Business Ideas That Changed the World is a special series from HBR IdeaCast. Each week, an HBR editor talks to world-class scholars and experts on the most influential ideas of HBR's first 100 years, such as disruptive innovation, scientific management, and emotional intelligence. Discussing shareholder value with HBR editor Adi Ignatius are: Lynn Paine, professor emerita at Harvard Business School Mihir Desai, professor at Harvard Business School Carola Frydman, professor at Kellogg School of Management Further reading: HBR: CEO Incentives—It's Not How Much You Pay, But How, by Michael C. Jensen and Kevin J. Murphy New York Times: A Friedman doctrine‐- The Social Responsibility Of Business Is to Increase Its Profits, by Milton Friedman HBR: The Error at the Heart of Corporate Leadership, by Joseph L. Bower and Lynn S. Paine U.S. Business Roundtable: Statement on the Purpose of a Corporation, 2019

Scale up your business Part 2 In this week's episode, I'm joined once more by Paul Avins, an award-winning business growth coach, speaker, and mentor. Paul has been involved in the business buying and selling field for over 17 years. He joins us to talk about acquiring and growing a business and when it's time to exit. We'll talk about what you need to know if you want to buy a business but aren't sure where to start. He also shares his thoughts about entrepreneurs who have held into a business for so long and shares some tips that help business owners create real Shareholder Value. Key Highlights [00:30] Paul's advice when it comes to hiring staff [01:50] Paul's thoughts on entrepreneurs holding to businesses for too long [05:45] Advice to entrepreneurs about selling businesses [07:50] Why people tolerate businesses they are not passionate about [10:14] About optimism bias [11:08] Knowing when to exit a business [13:00] Why people massively overestimate how much money they need [16:12] Language of a business [17:00] Journey to owning a business [17:35] Advice to people interested in buying businesses but haven't Notable Quotes At some point, you have to know how much is enough for me to achieve the next level of the game; well, whatever I want to do for myself. So if you get the right offer and that's what you want, get out. Well, there is a saying that the best offer is the one that's being presented to you right at that very moment. Being a business owner and being anything you want to be successful in life is more about maths than we want to admit. The biggest lie we tell ourselves is, I've got time. You can replace the money, and you can get your energy back, but you can't get your time back. Whatever it is, start today, you know, the great Zig Zigler used to say that you don't have to be great to get started, but you do have to start to get great. Resources You can connect with Paul Avins on LinkedIn, Facebook, and Instagram or visit his website. To join the Fasttrack Program, you can connect with Jonathan Jay on Dealmakers Academy, follow him on LinkedIn, or get his videos

I don't care how good your return to shareholders is...it doesn't mean you have good governance. Background music is Of the Stars by KC Roberts & the Live Revolution   SCRIPT: I've already talked about stakeholder capitalism vs shareholder capitalism a bunch of times on OMG – have a listen to episodes 5, 31, 48, 52, 56, etc. So I've already established pretty clearly that I believe organizations can and should make decisions that take into consideration the interests of a broad range of stakeholders – not just shareholders. So in the assessment of whether shareholder value and good governance are the same thing, that's my stance. If you make decisions that generate value for shareholders without taking the interests of other stakeholders into account, I believe that's BAD governance. What makes this a bit tricky is that there are jurisdictions – the United States, for example, where boards are *required* to prioritize the interests of shareholders. In other words, if the board makes a decision that benefits some other stakeholder at the deliberate expense of shareholder value, then they have failed to discharge their legal duty. I encourage organizations in the U.S. to remember two things. Even when the interests of shareholders seem at odds with those of other stakeholders, they probably aren't. If you take time to generate multiple options and examine them through different lenses and different time horizons, there is almost always a path that benefits shareholders and, say, the environment. The other thing to consider is this: what if the rules are bad – and I'm not saying they are…? What if a change in the rules would be good for your organization, for your customers, for your employees, for your country, your society? There are lots of loud voices in the U.S. speaking up in favour of stakeholder capitalism. Maybe you could add your voice to the chorus.

Paul Avins is an award winning business coach, speaker and mastermind mentor who is highly sought after in the UK by entrepreneurs and business owners to help them breakthrough the Scale Up Ceiling to create real Shareholder Value. With an impressive 17 year track record of helping business owners generate hundreds of millions of pounds in additional sales, profits and shareholder value, Paul is the catalyst business owners seek out when then feel frustrated, overwhelmed or want to accelerate their growth for a potential exit. Paul joins Nick to discuss the importance of branding, consistency, building your dream team and structuring your exit successfully, so as to provide you with the freedom to live the life of your dreams. KEY TAKEAWAYS Networking is vital in terms of having people to share your wins with, and to help you find support when challenges arise. One of the biggest myths about entrepreneurship is that people are self-made. No one gets there alone. It requires the support and skills of an amazing team. Teams work best when they learn to constantly rely on and trust each other. It's not enough to simply inject enthusiasm infrequently. Rewards should always be based on the values of the person being rewarded. If you don't get this right, it can demotivate rather than motivate. BEST MOMENTS 'One of the biggest misconceptions about entrepreneurship is that you're self-made' 'There's a reason why entrepreneurs feel isolated at times' 'We talk about building teams through team dynamics' 'There's no one-size-fits all solution' VALUABLE RESOURCES Scale Up with Nick Bradley: scaleup.vip/podcast Scale Up Your Business, coaching/consulting: https://suyb.global To download a free gift from Nick - The 5 Reasons Why Your Business Will Never Get To 8-Figures ... How To Fix It Fast! - https://www.scaleupmastermind.com/free-guide1 Take the SUYB Predictable Growth Assessment™, to measure your current business performance and show you where to focus next to get to where you want to be: https://scaleup.vip/PredictableGrowthAssessment      Paul Avins - https://www.paulavins.com/businessgrowthcoach ABOUT THE HOST  Nick Bradley is a renowned entrepreneur, investor, speaker, and business growth expert. His background is growing and scaling Venture Capital and Private Equity backed businesses, across the UK, the US, and further afield. Over the last decade, he has completed 117 acquisitions and 25 business exits with a combined valuation of over $5bn dollars. His “Scale Up Your Business” podcast, which ranked #1 on iTunes' business charts, has more than 350k downloads in over 130 countries. His mission is to help business founders build valuable businesses and create life-changing exits so they can realise freedom, wealth, and impact. CONTACT METHOD Nick's Facebook page: https://scaleup.vip/FB   Nick's LinkedIn: https://scaleup.vip/LI   Nick's Instagram: https://scaleup.vip/IG   Scale Up Your Business, coaching/consulting: https://suyb.global We help business founders scale their business to a life-changing exit within 36 months. Please feel free to get in touch if we can assist. See omnystudio.com/listener for privacy information.

Paul Avins is an award winning business coach, speaker and mastermind mentor who is highly sought after in the UK by entrepreneurs and business owners to help them breakthrough the Scale Up Ceiling to create real Shareholder Value. With an impressive 17 year track record of helping business owners generate hundreds of millions of pounds in additional sales, profits and shareholder value, Paul is the catalyst business owners seek out when then feel frustrated, overwhelmed or want to accelerate their growth for a potential exit. Paul's Grown Up Business System is designed specifically to help Founders and Family Owned Businesses to successfully Level Up, Team Up and Scale Up - the three keys to a Grown Up Business.  He's coached over 550 UK companies through this business growth system with many clients selling their businesses for life changing sums, giving them the time and money freedom they wanted. Highlights include: How to level yourself up to become a better leader Why everyone is a leader The 3-step tool to help you improve as a leader Why one of the best leadership skills is reflection The importance of determining what you can and can't control in situations Here's to your Thought Leadership Journey! Connect with Paul: Website:  https://www.paulavins.com/businessgrowthcoach LinkedIn: https://uk.linkedin.com/in/paulavins   Connect with Mindy: URL: https://www.mindygk.com/ Twitter @MindyGK https://twitter.com/mindygk Facebook @mindy.gibbinsklein  https://www.facebook.com/mindy.gibbinsklein LinkedIn https://www.linkedin.com/in/mindygibbinsklein/ Learn more about your ad choices. Visit megaphone.fm/adchoices