Tag Archives: investment

“March of the makers” – rebalancing our economy needs more push from government

“March of the makers” – rebalancing our economy needs more push from government

by Michael Kitson, Assistant Director of the Centre for Business Research If the Chancellor George Osborne is to turn his vision of reinvigorating our manufacturing sector, the so called “march of the makers”, he and his government colleagues need to develop a coherent industrial policy. The public policy debates which focus on austerity, withdrawing from… Read more

Hedge fund activism in Japan: the limits of shareholder primacy

Hedge fund activism in Japan: the limits of shareholder primacy

Professor Simon Deakin, Assistant Director of the Centre for Business Research, is interviewed about his new book, Hedge Fund Activism in Japan: The Limits of Shareholder Primacy, co-authored by John Buchanan and Dominic Heesang Chai, and published by Cambridge University Press. “Whose interests should a company serve? Is it the property of shareholders, for them… Read more

Don’t shoot the pension fund managers!

Don’t shoot the pension fund managers!

by Professor Simon Deakin, Assistant Director of the Centre for Business Research Long-term investment in infrastructure needs a better policy mix George Osborne‘s attempts to encourage British pension funds to invest more in infrastructure projects are to be applauded. Canadian and Australian pension funds have already invested heavily in infrastructure, but UK funds are still… Read more

Kay needs to replace “shareholder value” with “corporate value”

Kay needs to replace “shareholder value” with “corporate value”

By Professor Simon Deakin, director, Corporate Governance Research Programme, Centre for Business Research, University of Cambridge John Kay’s interim report finds that equity markets are failing in their primary tasks, which he identifies as enhancing the long-term growth of listed companies and providing savers with an appropriately high, risk-adjusted return on their investments. The failure… Read more