Buffett, Fink, Dimon Push 'Commonsense' Governance

Buffett, Fink, Dimon Push 'Commonsense' Governance

Assessment

Interactive Video

Business

University

Hard

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The video discusses a letter issued by 13 executives, including Larry Fink and Jamie Dimon, outlining common sense principles for corporate governance. The letter criticizes the focus on quarterly earnings and suggests companies should provide guidance only if beneficial. The principles are deemed unobjectionable, but questions arise about their audience and impact. The discussion highlights dual share ownership as a strategy to balance long-term and short-term interests, citing examples like the Washington Post and Facebook.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Who are some of the executives mentioned in the context of the letter on corporate governance?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main concerns raised in the letter regarding quarterly earnings forecasts?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is suggested about companies providing earnings guidance according to the letter?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What questions are raised about the audience for the letter on corporate governance principles?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of dual share ownership in corporate governance as discussed in the text?

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