Welcome to the December 2, 2007 edition of Corporate Vigilance.
Larry Russell presents Where's Waldo? - The illusion of superior professional mutual fund manager performance. posted at THE SKILLED INVESTOR Blog, saying, "The effort to find those few supposedly superior money managers willing to sell their services sufficiently cheaply is a costly, time consuming, and futile, "Where’s Waldo?," searching exercise for the individual investor. Many money managers will claim to be superior and few or none actually will be. If such superior money managers did exist, then there should be dozens or hundreds of them who prove their superiority year after year after year. Unfortunately, the scientific finance literature indicates that this is not the case. This year’s star money manager tends to be next year’s average or laggard money manager."
Allen Taylor presents Business Investment Strategies That Work Every Time posted at Investing World Today, saying, "The secret to investment success is the consistent application of time-proven strategies, not the use of complex, hard-to-understand investment vehicles created by investment bankers out to take your money!"
Carole G. McKay presents Shame on Yahoo posted at McKay Today, saying, "A look at how Yahoo sold it's integrity and, in the process, caused the imprisonment of two young men. A further look at how we as consumers can vote with our pocketbooks."
Steve Bainbridge presents Why Starbucks Doesn’t Franchise posted at Professor Bainbridge's Journal, saying, "This post - Why Starbucks Doesn’t Franchise - asks why Starbucks uses a company owned store model, while Subway uses franchises. What are the transaction cost differences that explain the difference in business models?"
The Career Counselor presents Notes on Why Humor Works in the Workplace posted at ask the CareerCounselor, saying, "Although many workers believe joking around at the office should be largely avoided, humor at work is increasingly regarded as a very positive thing. A recent study from the University of Missouri-Columbia entitled “The Case for Developing New Research on Humor and Culture in Organizations: Toward a Higher Grade of Manure” found that humor positively impacts cohesiveness and communication. Professor Chris Robert and doctoral student Wan Yan examined theories on humor and integrated hundreds of literature sources from a wide variety of fields in order to reach their conclusions. Besides increasing office bonding, their research found that both sharing and enjoying something funny can boost morale at work; humor also increases overall productivity and creativity. In addition, the ability to appreciate humor, and the ability to laugh and make others laugh seem to be associated with intelligence. In other words humor is not only normal, but a necessity, at many workplaces. Read on for some tips and ideas about incorporating humor into your professional life."
That concludes this edition. Submit your blog article to the next edition of
Leon Gettler presents Wal-Mart scores low on corporate equality posted at Sox First, saying, "Wal-Mart continues to come in very low on the Corporate Equality Index 2008 which assess companies on how they go about treating their gay, lesbian, bisexual and transgender (GBLT) workers."