BRICs
Most studies of the impact of family ownership indicate that, on balance, family control is a good thing for stockholders. Family-controlled firms typically maintain a long-term perspective and strong balance sheets, and boast corporate cultures that have won the admiration of Warren Buffett. Credit Suisse has added to the body of research on family-controlled firms with the recent release of The Family Business Model, a global study which sought to better understand why family-run businesses outperform.
It has been an eventful couple of weeks. S&P 500 is marching on to the tune of 2,000. Or should we make that iTunes? Apple reported second quarter results this week, and the iPhone was all the rage, especially in BRIC countries.
I don't know about you, but to me it seems as if summer flew by. Here in the United States, Labor Day — the symbolic end of summer — is just around the corner. With that in mind, I thought I'd do something a little different this week: before I recap some of the most interesting content I've come across recently, here's an ode to summer.
Antoine van Agtmael argues that an industrial renaissance in the United States is eroding the competitive edge of emerging markets.
The author summarizes past research on the BRICs and other emerging markets and predicts that by 2050, the world’s largest economies will not be the G–7 nations but will instead include several countries currently considered emerging markets.
Economist David Hale told delegates at the 65th CFA Institute Annual Conference that steady increases in exports and capital spending, combined with favorable demographics, will allow emerging market… READ MORE ›