Market Cap Benchmarks Set Finance in a Spin - Dr Paul Woolley

How has the financial world reacted to MArket Cap Benchmarks: http://www.gresham.ac.uk/lectures-and...

Dr Paul Woolly of London School of Economics and Politics discusses how the financial world has reacted to the impostion of Market Cap Benchmarks. Have they been a success, or is it another layer of red tape binding banks? Framing his thoughts in the context of the Long Finance Spring Conference, Dr Woolley provides a unique insight into the industry and its workings.

Moving away from short-term performance measurement is regularly advocated in finance. However, 'long' does not necessarily mean 'good'. Most theorists believe that the first step towards governance, control and management, whether scientific or commercial or political, is measurement. If we adopt 'long' does that mean we need to drop 'measurement'? If we adopt 'measurement', are we excising the long term? This event will explore suggestions for reforms of long-term measures in finance

The transcript and downloadable versions of the lecture are available from the Gresham College website: http://www.gresham.ac.uk/lectures-and...

Gresham College has been giving free public lectures since 1597. This tradition continues today with all of our five or so public lectures a week being made available for free download from our website. There are currently over 1,500 lectures free to access or download from the website.
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