Investor Relations in the 21st Century

... Or fencing on a tightrope in the eye of the storm...

After two plus decades on the firing line in Investor Relations I have as many questions now as I did when I started – just different questions. Traders outnumber investors; markets are increasingly fragmented and opaque; technology outpaces regulation, All these trends are transforming the IR landscape today and into the future. RiskRewardNews is where I intend to search for insight and answers. Join me in conversation with market participants, CEOs, CFOs, IROs, academics, regulators, and informed observers as the financial market of the 21st Century takes shape.

Tuesday, September 29, 2009

Short-Termism, The Myth of the Rational Market, and Fire Fighting IROs : A Conversation With Bill George -- Part I

RiskRewardNews recently sat down with Bill George, former Medtronic CEO, current Exxon and Goldman Sachs board member,  best-selling author on leadership and teacher at the Harvard Business School. Here is a sample of what Bill had to say.

".... In an era of transparency, can corporations and their CEOs be honest with Wall St. without getting an overreaction? "

"There is no value that a CEO can create on Wall St. ..." 

"We all can hype the stock. We all know how to do it. That’s why it’s a myth that the market is rational."

To read the entire interview, click on the link below.

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