If investors needed another reason to distrust the stock market, here’s a doozy. A study by a trio of researchers in the U.S. and Canada into insider trading found that one-quarter of the big merger and acquisition (M&A) deals over a 15-year period—roughly 460 transactions in total—may have seen people profiting on information before it was public.
This Is Karl Moore of the Desautels Faculty of Management at McGill University, Talking Management for The Globe and Mail. Today I am delighted to speak to Michael Useem, from the Wharton School of the University of Pennsylvania.
Read full article: The Globe and Mail
The Graduate Management Admission Test, better known as the GMAT, is hard. The Graduate Management Admission Council (GMAC) is celebrating 60 years administering the test in 2014. Nine million tests have been taken since its launch in 1954, and GMAC says test-takers spend upwards of 200 hours studying for it.
One year after a runaway train transporting oil plowed through the downtown core of Lac-Mégantic, igniting and razing much of the town’s commercial centre, three McGill University students with a passion for social entrepreneurship have become part of the town’s efforts to rebuild.
Cécile Branco, Ségolène Rolin et Bernard d'Arche, trois étudiants l'Université McGill, ont conçu un projet de centre d'innovation qui pourrait bien voir le jour dans le nouveau centre-ville méganticois. Leur Centre magnétique, un incubateur entrepreneurial, offrirait une rampe de lancement unique en région pour ceux qui souhaitent se lancer en affaires.
Insider trading is a topic of intense public debate these days, but this debate must be framed in the context of a clear, objective definition of informed versus insider trading.
“People used to take a traits-based approach to defining entrepreneurs: they are risk-takers, for instance,” says Greg Vit, BCom’80, director of the Dobson Centre for Entrepreneurship in McGill’s Desautels Faculty of Management. “But that characterization has been challenged by a more recent approach that suggests you can create the underlying conditions to help entrepreneurs emerge.”
The CEO of a major multinational came to our McGill MBA CEO Insights class and told us that, as an introverted leader, he had to put on his “game face” whenever he left his floor. That is, if you want to be a CEO of a big company, you need to act like an extrovert, at times. After studying introverts in the C-Suite, I [Karl Moore] have come to the conclusion that extroverts, like myself, must put on our “game face” and act like an introvert at times, in order to be effective leaders.
The Honourable Lisa Raitt, Minister of Transport, today announced the appointments of Ms. Melissa Sonberg of Montreal, and Ms. Deborah Robinson, of Toronto, to the board of directors of VIA Rail Canada, each for a three-year term.
Canada has excellent universities: for example, our share of highly cited publications is nearly 10 times our share of the world population. We also have great companies, and according to a 2014 Bloomberg ranking, Canada is the second-best country in the world in which to do business. Over the last 15 years, our governments have put in place many new investments in research and development, as well as innovation-friendly policies.