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Do Lawyers Make Better CEOs Than MBAs?

Harvard Business

They were associated with nearly 2,400 publicly traded firms in the S&P 1500 from 1992 to 2012. This is perhaps because in low-litigation industries the benefits of less litigation are offset by lawyer CEOs’ overly cautious firm policies, which can negatively affect cash flows and growth. More Litigation, or Less?

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The Comprehensive Business Case for Sustainability

Harvard Business

This can disrupt a firm’s ability to operate on schedule and budget. Of the respondents, 72% said that climate change presents risks that could significantly impact their operations, revenue, or expenditures. Since its launch in 2012, Flyknit has reduced 3.5 ” Improving risk management.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

The Corporate Fund is Chicago’s general operating fund. Chicago’s property tax revenues do not go into its general operating fund. Although most governments are required to balance their budgets on a cash flow basis each fiscal year, a structural budget gap can arise when recurring expenditures are greater than recurring revenues.

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How U.S. Hospitals and Health Systems Can Reverse Their Sliding Financial Performance

Harvard Business

The root cause is twofold: a mismatch between organizations’ strategies and actual market demand, and a lack of operational discipline. MD Anderson Cancer Center lost $266 million on operations in FY 2016 and another $170 million in the first months of FY 2017. All these problems contribute to diminished cash flows.

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