US companies should look Down Under
AUSTRALIA, according to the Australian Securities Exchange (ASX), has one of the highest rates of individual share ownership in the world. It’s the best example we have of an equity ownership culture — something many U.S. policy makers and politicians wish America would become. In America, rates of direct share ownership among the U.S. population [...]
An aroma of ostrich at Starbucks
COFFEE giant Starbucks needs to figure out a strategy for dealing with the bad press the company has been getting lately over its dispute with Ethiopian farmers before the criticism undermines the company’s brand image. Insults like that made by company chairman Howard Schultz at yesterday’s annual shareholders meeting make the company look extremely uncool. [...]
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