Saturday 27 Aug '11What is the ideal age group for CEOs in Indian firms? The days of managers in their 40s taking over the CEO positions are getting shorter and shareholders and corporate boards are increasingly looking at hiring more CEOs in the 50- to 55-year age group.
Friday 19 Aug '11If one leaves out the smooth CEO succession at ICICI a couple of years ago, we notice that family-run businesses are being more proactive in planning CEO successions when compared to the professionally managed ones.
Tuesday 19 Jul '11According to a new book by my friend and co-author, Viral Acharya, and his colleagues, at the Stern School of Business, New York University, Guaranteed to Fail: Fannie Mae, Freddie Mac and the Debacle of Mortgage Finance, the role of government-sponsored enterprises, Fannie Mae and Freddie Mac, in precipitating the financial crisis of 2008 deserves special attention.
Friday 01 Jul '11While it has been known for long that politicians exploit the state machinery for their narrow political gains, for the first time, we have systematic evidence informing us of such misuse.
Monday 27 Jun '11In his Budget speech in July 2009, the finance minister had labelled bank nationalisation as visionary and revolutionary since, according to him, bank nationalisation ensured that India did not suffer from the financial crisis like the other parts of the world.
Wednesday 10 Nov '10Sample some data on the microfinance performance in India: According to the data provided by www.mixmarket.org, microfinance in India reached close to 270 lakh active borrowers in 2009, with the average loan size close to Rs 8,000.
Monday 11 Oct '10We had earlier argued that land acquisition transactions between farmers and private parties suffer from “asymmetric information,” i.e., the private party having better information about the value of growth opportunities from land.