Jul 25 2013 | 11:07 AM
David M. Walker (U.S. Comptroller General)

David M. Walker (U.S. Comptroller General) (Photo credit: Wikipedia)

The long-awaited Government Accountability Office report on financial restatements is out. This GAO analysis and report was required by the Dodd-Frank Act of 2010. It was commissioned to provide insight into whether public companies exempted from...

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Feb 21 2013 | 2:41 PM
Innovation

Innovation (Photo credit: Vermin Inc)

Every day we hear about companies breaking through to the next level of the business world with new products and services. But how do companies access the technologies and discoveries to bring the world revolutionary products - from Gatorade to Google - and be recognized as leaders in their field? One way of course is through their own research and development departments. But for all companies (Merck, J&J, Microsoft and other big spenders included) the vast...

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Jan 16 2013 | 8:04 AM

America’s smaller public companies hold a key to higher employment. We just need more of them. Big companies are great but they don’t do the trick proportionately when compared to smaller companies that don’t operate with the same economies of scale.

We would love to see all of our “small caps” become “blue chips”.  Blue chips, unfortunately, aren’t born that way; they started small, so we need to consider ways to encourage entrepreneurs to take risks with new ventures, and then to further take them to the public markets, after which, research shows, a surge of investment in people is made. Blue chips provide our economy with punch, durability, relative confidence, and for consumers and investors, consistently high quality products and services and a source of wealth. Their overall productivity is remarkable.  Therein lies the issue with relying on fewer large, well-oiled corporations:  they are just too efficient to absorb our supply of workers. And the...

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Nov 28 2012 | 4:38 PM

How much time do you dedicate to investor relations? In a November 28th, 2012, Wall Street Journal article, "Investors Demand CEO Face Time", the C-suite has been committing more of their time to meeting investors than ever. GameStop’s CEO (NYSE: GME) spends 25% to 30% of his time preparing for and meeting investors. Meetings can be roadshow-like with several fairly brief interactions in a day, or more in-depth (while being mindful of not sharing material, non-public information) with the larger institutional investors who would be considering a more substantial investment. Even though the overall the number of investor meetings companies attend is slightly down recently, the percentage attended by C-level executives is at 70%, up from 64% a year ago. Another NYSE company executive, Exelis Inc.’s (NYSE: XLS) CEO says he spends three to four days per month on meetings, “selling the...

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