R.E.S.-ilience in Value Creation 《竹经：经商经世离不得立根创新》
May 20, 2014 Leave a comment
May 12, 2014
What’s in a Name? The Art of Addressing Chinese Officials
By Yiyi Lu
Long gone are the good old days when everyone simply called one another “comrade,” and no other titles were necessary. Read more of this post
May 20, 2014 Leave a comment
Why Banks at Wal-Mart Are Among America’s Top Fee Collectors
Branches Woo Customers Other Banks Spurned; Racking Up Overdrafts
MARK MAREMONT and TOM MCGINTY
May 11, 2014 10:38 p.m. ET
Banks that operate inside Wal-Marts reap among the highest fees from customers of any banks in the nation, according to a WSJ analysis. Mark Maremont reports. Photo: Getty.
May 20, 2014 Leave a comment
Do You Know What’s Going in Your Amazon Shopping Cart?
For Faster Shipping, Items Are Commingled at Warehouses, Opening the Door to Knockoffs
SERENA NG and GREG BENSINGER
Updated May 11, 2014 8:31 p.m. ET
Every now and then Matthew Frank, whose company makes Tovolo-brand ice-cube molds and trays, will slow down shipments of his kitchenware to Amazon.comInc. AMZN +2.66% and then conduct test buys as the Internet retailer’s stock runs low. Read more of this post
May 20, 2014 Leave a comment
Going to Market in Developing Economies: Winning Big by Targeting Small
by Samir Agrawal, Shiv Choudhury, Ghirish Pokardas, Vaishali Rastogi, and Ravi Srivastava
APRIL 23, 2014
This article is part of a series on how companies can transform their “go to market” approach in emerging economies. Earlier articles focused on excellence in consumer insight, channel management, and in-store execution. Read more of this post
May 20, 2014 Leave a comment
Making better decisions about the risks of capital projects
A handful of pragmatic tools can help managers decide which projects best fit their portfolio and risk tolerance.
May 2014 | byMartin Pergler and Anders Rasmussen
Never is the fear factor higher for managers than when they are making strategic investment decisions on multibillion-dollar capital projects. With such high stakes, we’ve seen many managers prepare elaborate financial models to justify potential projects. But when it comes down to the final decision, especially when hard choices need to be made among multiple opportunities, they resort to less rigorous means—arbitrarily discounting estimates of expected returns, for example, or applying overly broad risk premiums. Read more of this post
May 20, 2014 Leave a comment
University of Auckland – Faculty of Law
January 27, 2014
Wenge Wang, Ownership Concentration and Corporate Control in Chinese Listed Companies, 11 (1) US-China Law Review, 57-93 (2014)
Abstract:
This paper investigates the ownership concentration and corporate control of Chinese listed companies in the period of 2003-2011. The purpose is to examine the practical effect of the share structure split reform in 2005 and explore the actual outcome of the reduction of state shares of Chinese listed companies. Specifically, ownership structure, shareholding concentration, shareholder identification and corporate control pattern are identified to serve for this purpose.
May 20, 2014 Leave a comment
The John Malone Complex – A Study in Financial Brilliance
by VW StaffMay 10, 2014, 10:26 pm
This is an excellent white paper on John Malone by Denali Investors (a great value oriented hedge fund, run by Kevin Byun). Also see Cable Cowboy: John Malone and the Rise of the Modern Cable Business, The Billionaire Shell Game: How Cable Baron John Malone and Assorted Corporate Titans Invented a Future Nobody Wanted, and The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success Read more of this post
May 20, 2014 Leave a comment
A Q.&A. With the Author of a Buffett-Praised Book on 3G Capital
Warren Buffet’s $23 billion deal to buy H.J. Heinz was promoted at the exhibition hall of the Berkshire meeting.
RICK WILKING / REUTERS
By MICHAEL J. DE LA MERCED
May 20, 2014 Leave a comment
There Are More Billionaires In Moscow Than In New York, But London Has The Most
Tyler Durden on 05/11/2014 16:41 -0400
May 20, 2014 Leave a comment
Old and Fired at IBM: Tech Trendsetter Changes the Game, Guards Age Data
By Alex Barinka – May 12, 2014
For at least a decade, International Business Machines Corp. (IBM) gave fired employees information detailing a severance package that asked them to waive age-discrimination claims and also included a page listing the job titles and ages of workers being let go. Read more of this post
May 20, 2014 Leave a comment
As China e-commerce basks in Alibaba IPO glow, aging warehouses lure investors
Sun, May 11 2014
By Stephen Aldred and Clare Jim
HONG KONG (Reuters) – Alibaba Group Holding Ltd’s plans for a giant initial public offering in New York highlight vast potential for e-commerce in China – and the weak link the logistics industry must fix if explosive growth projections are to be reached. Read more of this post
May 20, 2014 Leave a comment
How ‘Big Corn’ lost the ethanol battle to Philadelphia refiners
1:43am EDT
By Cezary Podkul and Jeff Mason
NEW YORK/WASHINGTON (Reuters) – Six months ago the U.S. oil industry scored a surprise win against farm groups when the Obama administration proposed slashing the amount of ethanol refiners must blend into gasoline, a move that could save them billions of dollars. Read more of this post
May 20, 2014 Leave a comment
To sleep, perchance to control your dreams
Sun, May 11 2014
NEW YORK (Reuters) – Nighttime dreams in which you show up at work naked, encounter an ax-wielding psychopath or experience other tribulations may become a thing of the past thanks to a discovery reported on Sunday. Read more of this post
May 20, 2014 Leave a comment
A Memoir From the Eye of a Financial Storm
In ‘Stress Test,’ Timothy F. Geithner Recalls Crisis Days
MAY 11, 2014
One afternoon in the summer of 2008, as the financial system was careening toward the abyss that would send the United States into the worst economic emergency since the Great Depression, Timothy F. Geithner — then president of the Federal Reserve Bank of New York, and later, President Obama’sTreasury secretary — tried to lighten the mood in his office with “an impromptu contest for the best metaphor for what was happening.” Read more of this post
May 20, 2014 Leave a comment
Digital Music Service to Pose New Challenge to Subscription Model
By BEN SISARIOMAY 11, 2014
Adam Kidron, left, chief executive of Yonder, a music downloading service that will begin operating Monday, and Jim Heindlmeyer, chief operating officer, at their Manhattan offices. Read more of this post
May 20, 2014 Leave a comment
Life in China: Embrace the Mystery
Former New Yorker China Correspondent Evan Osnos Reflects on His Years There
TE-PING CHEN
May 8, 2014 1:57 a.m. ET
Former China correspondent Evan Osnos is sure of one thing: The degree of confidence a person has about forecasting the future of the Middle Kingdom usually varies in inverse proportion to the amount of time spent there. Read more of this post
May 20, 2014 Leave a comment
Trouble at the Top: Chinese officialdom is in turmoil.
Abram N. Shulsky and Gary Schmitt
May 19, 2014, Vol. 19, No. 34
In little over a year, close to 60 Chinese officials have died of unnatural causes, with most being suicides. The strong suspicion is that this epidemic of mysterious deaths among China’s elite is likely tied to the anticorruption campaign being led by Chinese president and party general secretary Xi Jinping. Read more of this post
May 20, 2014 Leave a comment
Who Audits Alibaba?
May 11, 2014, 4:54 PM
Alibaba is audited by the Hong Kong member firm of PwC, or at least that is what the audit opinion says. I am a bit skeptical about that claim. While there may be a Hong Kong partner assigned to the account, I will bet dollars to donuts that a large portion of the hours on the audit were done by mainland staff. This raises the question of whether the audit should have been signed by PwC’s mainland member firm instead of the Hong Kong member firm. Read more of this post
May 20, 2014 Leave a comment
Party Chief’s Downfall a Central Act in Tiananmen Drama
MAY 11, 2014, 7:00 PM 5 Comments
“We came too late,” Zhao Ziyang told students at Tiananmen Square on the morning of May 19, 1989. Read more of this post
May 20, 2014 Leave a comment
China should straighten out its wealth managers, says central bank
Sat, May 10 2014
BEIJING (Reuters) – China should reorganize its wealth management industry as it is unduly raising funding costs and encouraging savers to behave like gamblers by chasing after lucrative short-term returns, a deputy governor of China’s central bank said on Saturday. Read more of this post
May 20, 2014 Leave a comment
As China e-commerce basks in Alibaba IPO glow, ageing warehouses lure global investors
Sun, May 11 2014
By Stephen Aldred and Clare Jim
HONG KONG (Reuters) – Alibaba Group Holding Ltd’s plans for a giant initial public offering in New York highlight vast potential for e-commerce in China – and the weak link the logistics industry must fix if explosive growth projections are to be reached. Read more of this post
May 20, 2014 Leave a comment
Macau Casino Companies Decline on Card-Swipe Crackdown
By Vinicy Chan – May 8, 2014
Wynn Macau Ltd. (1928) fell the most in more than two years in Hong Kong trading, leading declines among operators of China’s only legal casinos, amid concern that a crackdown on illegal money transfers will pare demand. Read more of this post
May 20, 2014 Leave a comment
China audits State Grid as corruption crackdown seen widening
Fri, May 9 2014
By Benjamin Kang Lim and Megha Rajagopalan
BEIJING (Reuters) – China is auditing the State Grid Corp of China, the utility said in the wake of a magazine report that one of the most senior executives in the world’s largest utility was under investigation. Read more of this post
May 20, 2014 Leave a comment
May 12, 2014
Five-Star Hotels, Flashy Clothes: China’s Cadres Confess Their Sins
When President Xi Jinping toured a poverty-stricken county in central China’s Henan province last week, locals were eager to impress him not only with their handmade local noodles, but also by their willingness to offer Mao-era self-criticisms. Read more of this post
May 20, 2014 Leave a comment
Rule of law key issue at meeting of Communist Party leaders
Monday, 12 May, 2014, 3:50am
Central Committee plenum also likely to be held earlier than usual as Xi Jinping rallies party elite behind graft inquiry into ex-security chief Read more of this post
May 20, 2014 Leave a comment
Gloom deepens for China property developers
May 9, 2014 11:44amby James Kynge
The torrent of bad news for Chinese property developers shows no sign of letting up.
Unsold floor space continued to surge in April. Two small developers are reported to be slipping into financial distress. The total net profits of 117 domestically-listed developers posted a 27 per cent decline in the first quarter to Rmb9.65bn. The bearishness of investment bank analysts, meanwhile, is plumbing new depths. Read more of this post
May 20, 2014 Leave a comment
Can Stand-Up Comedy Succeed in China?
Some of the country’s top comics are experimenting with a new brand of edgy, boundary-testing humor.
ROBERT FOYLE HUNWICKMAY 6 2014, 4:01 PM ET
Comedian Mark Rowswell, a.k.a. Dashan, performs at a Chinese university. Joe Wong in his weekly CCTV comedy show, Is It True? Read more of this post
May 20, 2014 Leave a comment
China’s $50 Billion Asia Bank Snubs Japan, India
By Bloomberg News – May 12, 2014
On the first evening of the Asian Development Bank’s annual meeting in the capital of Kazakhstan this month, delegates from 16 countries skipped the scheduled Romeo and Juliet ballet for dinner at the Great Wall restaurant to talk about forming a totally different lender. Read more of this post
May 20, 2014 Leave a comment
Weibo Bears Paying Up After IPO as Short-Sale Costs Soar
By Boris Korby – May 12, 2014
It didn’t take long for stock traders to sour on Weibo Corp. (WB)
The stock has erased almost all of the 36 percent rally posted in the first three days after its April 16 initial public offering in New York, and traders are lining up to bet against it. The cost to borrow the Chinese microblogging service’s shares to short them is rated a 9 by Markit, the second-most expensive level on the London-based research firm’s scale. Read more of this post
May 20, 2014 Leave a comment
HOW BIRCHBOX USED A THREAT TO THEIR BUSINESS AS MOTIVATION
AFTER BIRCHBOX LAUNCHED ITS SUCCESSFUL SUBSCRIPTION SAMPLE SERVICE, A WAVE OF COPYCATS HIT THE SCENE. BUT THAT JUST MADE THEM BETTER.
BY GWEN MORAN
Birchbox, the wildly successful beauty subscription service,didn’t start in a dorm room, but it wasn’t far off. Read more of this post
咬定青山不放松，立根原在破岩中。 千磨万击还坚劲，任尔东西南北风。
Bamboo Innovator 