Handshakes to hearings: Insurance giants are no longer afraid to sue competitors over ‘team poaching’
Sir Win Bischoff: Trustworthy information isn’t enough – trustworthy behaviour in a company is equally as important What can business do to rebuild public trust? There may be no silver bullet, but there is no doubt that corporate behaviours need to be closely aligned with long-term value creation for all stakeholders. With the government and others taking a close interest in issues that portray business as out of touch, firms face a [...]
We must recapture the power of long-termism to restore faith in the market Peter Lynch, the great American fund manager at Fidelity, returned an average of 29 per cent a year for his investors between 1977 and his retirement in 1990. An investment of $1,000 at the outset would have grown to $27,000 by the end of that period. That exceptional long-term record shows the huge power of [...]
