Herd Instinct
In all mature equity markets, institutional investors play a major role. In India, local mutual funds have yet to become
a big force but global institutional investors have. In the US, holdings of mutual funds now aggregate about $4 trillion; between 1994 and 2007, their ownership of US equities has more than doubled from 12.5% to over 27%. But how do
fund managers or institutional...
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Gender Exploitation

Some dos and don’ts if you are a victim of workplace sexual exploitation

Gender exploitation at the workplace is an established reality. This requires that we address it squarely. However, it has been commented upon so often that it has become clichéd. I am not going to write about the types of exploitation or gender discrimination. Nor am I going to tell you about appropriate social mores. I...

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Teflon-Coated

Listed TV stocks don’t make money for shareholders but only for their employees. However, their stocks still seem to defy gravity

Their stock prices suggest that television companies are doing very well and their valuations are astronomical (see table). The question is: who are they being run for? To pamper the egos of their principal shareholders, for the minority shareholders or for their...

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