Directors & Boards articles from January 1993

Directors & Boards archives from January 1993

Warning: instability ahead. (indications of international political reforms on US foreign policy)
January 1, 1993... The challenges to America in a post-Cold War World of constant warfare, shifting coalitions, betrayals, uncertainties, and general destabilizaton. The collapse of the Soviet Union and of communism has brought about the most dramatic...

A world in which 'frugal capital' reigns.
January 1, 1993... With capital scarce and demands limitless, the main untapped source of financing for the developing countries is the risk-taking equity investor. Consider the following opportunities and challenges confronting the global capital markets....

From 'colonies' to a global whole. (Dun and Bradstreet Corp.'s transition to a global company)
January 1, 1993... Lessons Dun & Bradstreet learned in making the major transition from an international company to a truly global organization. Dun & Bradstreet may have an earlier claim to the term "international" than many other companies. We celebrated...

Globalizing through privatization.
January 1, 1993... The worldwide trend toward privatization offers a unique window of opportunity for U.S. companies to expand their international reach. Globalization is the major challenge and opportunity for companies in the next decade. But what is a...

Achieving global connectivity.
January 1, 1993... Modern telecommunications is a prerequisite for - not a natural consequence of - a developing country's economic success in today's emerging global economy. Study after study drives home the point that an adequate telecommunications system is...

Identifying tomorrow's great markets today.
January 1, 1993... For years, large international companies have understood the strategic importance of the developing world as a source of raw materials and suppliers of cheap and efficient industrial labor. Today, a time when the U.S. and other industrial...

'If we hesitate too long....' (Colgate-Palmolive Co.'s marketing tactics)
January 1, 1993... The Croatian journalist Slavenka Drakulic has written that communist governments failed because they could not supply their citizens with consumer goods like toothpaste and toilet Paper. With the dismantling of the Berlin Wall in 1989, Western...

Ten commandments for investing in the Eastern Bloc.
January 1, 1993... In November 1989, businessman Ronald S. Lauder met with a group of investors to form what became the Central European Development Corporation (CEDC). "We realized over and over again that Eastern investment is a five- to 10-year investment, and...

Think big, act small, be patient. (entering the Russian market)
January 1, 1993... Yes, Russia is big. But the phrase, "It's too big to ignore" has become a cliche. Moreover, it says nothing about the timing or methods of market entry. To consider market entry into Russia, it is important to revisit some basic questions: ...

A country on its way to world-class standing.
January 1, 1993... Mexico offers the advantages of location, a growing domestic market, labor productivity, export potential, and attractive investment for those seeking global scale. Mexico has a new look for the 1990s. Since the 1988 inauguration of...

The pendulum of history swings again. (free trade in Latin America)
January 1, 1993... Earlier this century, much of Latin America was wide open to foreign investment and business activity. A unique free-trade opportunity has returned. During his first visit to Washington D.C., after the 1992 presidential election, President...

The Middle Kingdom's economic might. (China)
January 1, 1993... Economic fundamentals and an irreversible trend toward opening up to the outside world make it clear that China is in the front rank for investment interests. For many hundreds of years, China has been a magnet for Westerners fascinated by...

China's developing securities markets.
January 1, 1993... Recognizing its own diminished ability to fund money-losing enterprises in perpetuity, the Chinese government is encouraging the development of capital markets as a means of accessing investment capital in order to meet its growth targets. ...

Intellectual property in a global marketplace.
January 1, 1993... Owners of intellectual property must have a sense of the value of their assets in a world market and how to secure proper protection on an international basis. A crucial aspect of international business is the emerging effect of...

Break the mold on director pay.
January 1, 1993... At no other time in recent memory have boards of directors been subjected to such intense public, regulatory, and government scrutiny, as exemplified by the recent SEC action on executive compensation disclosure requirements. Shareholders and...

The financial buyer's win-win.
January 1, 1993... Although the merger and acquisition boom of the 1980s has largely subsided, many public corporations have put "for sale" signs on one or more of their operating units. They have done so for two principal reasons: * They have determined -...

A brief on the SEC's new rules.
January 1, 1993... Many changes for the better were made last fall when the Securities and Exchange Commission adopted its new executive compensation rules. Compensation data will now be presented in a standard, coherent fashion, and all sources of compensation...

Keeping an eye on America's future.
January 1, 1993... The National Association of Corporate Directors selected Edmund T. Pratt Jr. as its 1992 Director of the Year. The award is for significant contributions to good corporate governance in both the corporate and nonprofit sectors and is presented...