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Bankers Need More Skin in the Game: Glassman and Nolan Say Private Partnerships Would Increase Risk Aversion Among Executives - WSJ.com
FEBRUARY 25, 2009 | Wall Street Journal | byJAMES K. GLASSMAN
and WILLIAM T. NOLAN. Op-ed piece.

(1) Partnerships may be a more trustworthy business model than
corporations.
(2) Alfred Chandler, the great business historian, said that "strategy
determines structure." Similarly, structure determines behavior.
Wall_Street  financial  crisis  risk-taking  risk-management  partnerships  financial_institutions  strategy  strategic_thinking  organizational_structure  behaviours  trustworthiness  risk-aversion  risk-preferences  skin_in_the_game  risks  Alfred_Chandler  human_behavior  business_history 
february 2009 by jerryking
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