Comments for Investment Initiatives http://www.ii2llc.com Corporate Governance Engagements for the Long-Term Investor Fri, 27 Jul 2012 18:04:20 +0000 hourly 1 http://wordpress.org/?v=3.4.1 Comment on Penitent CEOs by Election 2012, Mitt Romney, Barack Obama, Rasmussen, Poll | Jo WeberJo Weber http://www.ii2llc.com/index.php/2012/07/22/penitent-ceos/comment-page-1/#comment-1851 Election 2012, Mitt Romney, Barack Obama, Rasmussen, Poll | Jo WeberJo Weber Fri, 27 Jul 2012 18:04:20 +0000 http://www.ii2llc.com/?p=406#comment-1851 [...] [...] [...] [...]

]]> Comment on Corporate Culture and Corporate Misbehavior by Final Report of the Kay Review Launched Today – read the NSFM response http://www.ii2llc.com/index.php/2012/07/15/corporate-culture-and-corporate-misbehavior/comment-page-1/#comment-1831 Final Report of the Kay Review Launched Today – read the NSFM response Tue, 24 Jul 2012 12:51:15 +0000 http://www.ii2llc.com/?p=387#comment-1831 [...] [...] [...] [...]

]]> Comment on Glass-Steagall Re-revisited by Commercial Banks | Mozilist http://www.ii2llc.com/index.php/2010/04/01/glass-steagall-re-revisited/comment-page-1/#comment-940 Commercial Banks | Mozilist Sat, 24 Apr 2010 07:32:02 +0000 http://www.ii2llc.com/?p=134#comment-940 [...] Investment Initiatives » Glass-Steagall Re-revisited [...] [...] Investment Initiatives » Glass-Steagall Re-revisited [...]

]]> Comment on How do we get Shareholders to Care about Governance? by How do we get Shareholders to Care about Governance? « acc3ss.info http://www.ii2llc.com/index.php/2009/07/12/how-do-we-get-shareholders-to-care-about-governance/comment-page-1/#comment-938 How do we get Shareholders to Care about Governance? « acc3ss.info Mon, 13 Jul 2009 02:31:39 +0000 http://www.ii2llc.com/?p=43#comment-938 [...] See original here: How do we get Shareholders to Care about Governance? [...] [...] See original here: How do we get Shareholders to Care about Governance? [...]

]]> Comment on Fiddling While Rome Burns by Sarah Wilson http://www.ii2llc.com/index.php/2009/02/25/fiddling-while-rome-burns/comment-page-1/#comment-269 Sarah Wilson Sat, 28 Feb 2009 14:42:24 +0000 http://www.ii2llc.com/index.php/2009/02/25/fiddling-while-rome-burns/#comment-269 Andrew you highlight very clearly the problem with 'The Market'. There is no market for corporate governance in traditional investment; the culture of investment does not have governance embedded in its DNA. Why are we not seeing layoffs on dealing desks to ensure that the governance teams can strengthen their work? It is after all the culture of buy and sell rather than buy and hold and buy some more which has encouraged some of the most perverse behaviours. Risk management cannot and must not, IMHO, just come out of a software model. It needs a multi-disciplinary, hands on approach drawing on all the skills and talents of knowledgeable, fully informed and responsible individuals. Black Box models got us where we are today. We must also move away from the notion that centralised rules and regulations are a substitute for informed oversight and basic business honesty. Corporate governance, corporate responsibility are, investment consultants please note, not an investment style but a core philosophy. We have paid a very high price for the attitude of governance being someone else's problem. Andrew you highlight very clearly the problem with ‘The Market’. There is no market for corporate governance in traditional investment; the culture of investment does not have governance embedded in its DNA. Why are we not seeing layoffs on dealing desks to ensure that the governance teams can strengthen their work? It is after all the culture of buy and sell rather than buy and hold and buy some more which has encouraged some of the most perverse behaviours.

Risk management cannot and must not, IMHO, just come out of a software model. It needs a multi-disciplinary, hands on approach drawing on all the skills and talents of knowledgeable, fully informed and responsible individuals. Black Box models got us where we are today.

We must also move away from the notion that centralised rules and regulations are a substitute for informed oversight and basic business honesty.

Corporate governance, corporate responsibility are, investment consultants please note, not an investment style but a core philosophy. We have paid a very high price for the attitude of governance being someone else’s problem.

]]> Comment on Some Kind Words for Glass-Steagall by Allen Taylor http://www.ii2llc.com/index.php/2008/05/08/some-kind-words-for-glass-steagall/comment-page-1/#comment-4 Allen Taylor Thu, 08 May 2008 13:57:59 +0000 http://www.ii2llc.com/index.php/2008/05/08/some-kind-words-for-glass-steagall/#comment-4 Nice writing. You are on my RSS reader now so I can read more from you down the road. Allen Taylor Nice writing. You are on my RSS reader now so I can read more from you down the road.

Allen Taylor

]]> Comment on Some Kind Words for Glass-Steagall by Chris Moran http://www.ii2llc.com/index.php/2008/05/08/some-kind-words-for-glass-steagall/comment-page-1/#comment-3 Chris Moran Thu, 08 May 2008 13:41:30 +0000 http://www.ii2llc.com/index.php/2008/05/08/some-kind-words-for-glass-steagall/#comment-3 Nice writing style. Looking forward to reading more from you. Chris Moran Nice writing style. Looking forward to reading more from you.

Chris Moran

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