Join in conversation about the wisdom of crowds

Next Friday, November 6 at noon EST: My guest this month for the Mission: Intangible Briefing for the Intangible Asset Finance Society is Judy Giordan of Steel City Re. Her topic is the Wisdom of Crowds: The Intangible Value of Diversity. The call is open to all but you must preregister.

Accounting for Intangibles Represents Strategic Opportunity for Corporate America

Thanks to Nir Kossovsky for his post on the Mission: Intangible Blog pointing out the opinion piece by long-time corporate governance leader, Nell Minow,  in the Financial Times last week entitled, Impresarios on the Board Are a Bad Sign. Minow makes the case that

Opponents of post-meltdown reforms to corporate governance are trying to hold back change by focusing on Washington. The US Chamber of Commerce is spending $100m (€69m, £63m) to try to defeat any substantive reforms. They are missing the point. No matter what happens in Washington, the market is forcing through significant and pervasive reforms. The companies that first understand that will benefit from a lower cost of capital and more committed long-term investors. As we understand better the mistakes of the past and the challenges ahead, fund managers and analysts will look at “new fundamentals”, four elements that will become as important as cash flow and return on investment. Read more