In recent years there has been widespread discussion concerning the purported shift away from Taylorism towards a new production paradigm premised upon techniques of highperformance management (HPM). This paper argues that in seeking to capture the essence of the phenomenon commentators...

In recent years there has been widespread discussion concerning the purported shift away from Taylorism towards a new production paradigm premised upon techniques of high performance management (HPM). This paper argues that in seeking to capture the essence of the phenomenon commentators...

This article examines the key topics relating to institutional investor responsibilities and stewardship. It reviews the developments contributing to the increasing scrutiny of institutional shareholders and the standards and guidelines introduced to promote active ownership. The article also...

In this opinion piece, we argue that value-adding engagement by investment managers could be enhanced through 1) relatively small portfolios, 2) use of performance measures that are sufficiently long-term as to permit stewardship efforts to bear fruit, and 3) appropriate rewards for outperformance

Reliably estimating the beta of an individual stock has proved elusive. Individual stock price movements are a function of market/systematic movements and company specific/idiosyncratic movements. Since traditional beta estimation calculations make no attempt to minimize the impact of the...