From giant pension funds to small sized retail investors, capital has lost its patience with gift, whether it be CEOs, fund managers, lawyers, investment bankers, athletes or celebrities. The fact is, capital is not any longer the undisputed 'scarce resource' of the market, and accordingly, its power over gift will continue to dramatically wane.
Gift, meanwhile, is active 'flexing its muscles' in an extensive variety of sectors, demanding enormous paybacks. The writer and he describe four tactics and four defenses, respectively that capital can use to shield itself from selfish ability.
PUBLICATION DATE: September 01, 2008 PRODUCT #: ROT076-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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