Jun 27, 2008

Crikey’s business report card: balancing the books

Here is a wrap of how Crikey's business predictions have panned out over the past 18 months. By Adam Schwab.

As the financial year draws to a close, it has been reported that many superannuation funds are “poised to post their biggest loss in 20 years after being rocked by falling stock markets [with] falling markets have wiped an estimated $50 billion off the value of workers’ retirement savings.”

Unlike many investment funds, at Crikey we often look at companies from a corporate governance perspective. This isn’t necessarily a common theme amongst investors. A lot of executives dismiss corporate governance as nice in theory, but irrelevant to the running of a company (ignoring the fact that “corporate governance” is a fancy term for putting shareholders first).

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One thought on “Crikey’s business report card: balancing the books

  1. Alex Anderson

    With skill like that you should be on the stage. You could put on a great fortune telling act. Time to five up your day job.


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