The Global 100

Many decisions CFOs make — how to raise capital, where to outsource, whether to expand — are deeply influenced by a network of politicians, financiers, and other individuals around the world. For the first time, CFO Magazine presents its list of fivescore bankers, investors, regulators, and rule-makers — as well as gadflies, opinion leaders, organizations, and forces — that have the greatest influence on the … [ Read more ]

Is Greed Good?

Only if it is properly governed. From “Capitalism and Its Troubles: A Survey of International Finance.”

Andrew Lo

Why do so many people cling so hard to the notion of efficient markets? Andrew Lo, an economist at MIT, suggests that they may be suffering from a “peculiar psychological disorder known as ‘physics envy’…We would love to have three laws that explain 99% of economic behaviour; instead, we have about 99 laws that explain maybe 3% of economic behaviour. Nevertheless, we like to talk … [ Read more ]

Commercial Paper Chase

If banks have to come clean about their off-balance-sheet leverage, get ready to pay more for money.

On the Same Page

U.S. and international standard setters are coordinating their efforts to craft a common language for business.

A Lesson Before Buying

University executive-education programs tackle one of the business world’s toughest jobs: teaching M&A.

Details, Details

Transaction data doesn’t usually play well with others. Here’s how some companies are getting around the problem.

Web Services: Can We Talk?

Web services are getting plenty of buzz, but if they do provide a simple way for applications to talk to each other, the hype may be justified.

New Reality: Less for More

Coping with the bear market in directors’ and officers’ liability insurance.

Attention Shoppers: Try Valuing This

Acquiring bankrupt assets may seem like a smart move. But valuing distressed intangibles can be a tricky business.

Federal Offenses

We the people of the United States have a hard time keeping our finances in order. Our corporations may practice the world’s most rigorous financial reporting (some recent debacles notwithstanding), but our government does not. Agencies with such lofty responsibilities as establishing justice, ensuring domestic tranquility, and providing for the common defense have a hard time even producing a financial statement. Those that do produce … [ Read more ]

Scenario Planning: Follow the Signposts

Scenarios are useful not for predicting the future (which can’t be done) but for helping companies become more aware of possible outcomes.

The Perils of Impairment

New merger-accouting rules may sharpen investor views of intangibles, but CFOs should also consider the impact of write-offs.

Tech Report on Budgeting Software: An Acquired Taste

Many new software applications combine budgeting, forecasting, analytics, business intelligence, and collaboration. About the only thing this software can’t do is make employees use it.

Should It Stay Or Should It Go?

Companies are finding a host of reasons to offload components of their e-business operations.

Special Report on 401(k)s: Dear Prudence

Offering company stock in employee 401(k)s may not always be wise. Just ask Lucent.

Opting for Stock Options

Multinationals are still choosing to offer options. They just need to be tailored to local tastes.