Tesla and corporate governance: Why managers should care about investors?


Well, sorry for the quality of the picture. It is straight from Instagram... Speaking of technology, on Tuesday (13 November), Tom gave an open lecture on Tesla and corporate governance at ISM. Despite the cold weather more than 70 people came to the lecture... (Mr. Musk, I did not talk anything bad about you... just about your Twitter posts and the settlement with the SEC...)

It is aimed to those who are not well versed in finance. Why did the SEC accused Mr. Musk for decreasing the value of company? What does it mean to be an 'owner' of a company? What do 'independent' board members do? These are some of the questions answered in this short open lecture.

Comments

Post a Comment

Popular posts from this blog

Not only System Dynamics, but also painting - Mr Marius Kuslys

Image
(Photo by Dominyka Venciute.) Tom Hashimoto:  Here, we have Mr Marius Kušlys, our studies administrator who recently completed his MSc in Financial Economics at ISM. Congratulations! So, what was your thesis about? Marius Kušlys:  My thesis aimed to model Lithuanian emigration with econometrics and System Dynamics methodology. Econometrics allowed to determine the statistical relations between emigration and various economic variables. But these relations are one-sided, while emigration has complex dynamic structure. For example, usually people emigrate because of low wages, but later decreasing labour force pushes wages up. So System Dynamics methodology allows to model these complex relations. These two research methods can complement each other, because System dynamics model can explain some relations, which is not possible to model with econometrics. For example, currently, there is no statistically significant relationship between relative average wage (r...
Read more

Startup Division, Civitta, EcoPol... Ms Nini Gigani

Image
(Photo by  courtesy of Startup Division. Ms Gigani is seen front right.) Tom Hashimoto:  Here, we have Ms Nini Gigani, our Economics and Politics alumna, who currently works at Startup Division. Recently, I gave a speech on AI and ethics (in relation to the EU's Responsible Research and Innovation framework). Some of you may remember Nini from team Nereus (which won Microsoft's AI Guardians competition). So, Nini, what is 'Startup Division'? Nini Gigani:  Hi, Tom! Thanks for the riveting talk you gave the other day at our workshop. So, Startup Division. First of all, let's mention that Startup Division is a sort of a sister company to Civitta—both by ENTRA Holdings. Unlike Civitta, w e are the leading entrepreneurship support organisation in the Baltics. What this means is that we help startups to develop their businesses, scale, and attract financing, while building bridges among startup ecosystems globally. TH:  Interesting. How did you end up ...
Read more

Ms. Dalia Pranckenaite received the first place in a Ministerial thesis contest!

Image
Tom Hashimoto:  Here, we have Ms. Dalia Pranckenaite, one of our recent alumni, who is currently working as an audit manager at Moore Stephens Vilnius. Dalia received the first place in the contest 'Young Academics and their Insights on EU Investments' organized by the Ministry of Finance of the Republic of Lithuania for her thesis entitled 'The Effect of EU Funding on Financial Performance of Lithuanian SMEs'. Her advisor was Prof.Dr. Valdone Darskuviene (pictured above). Congratulations! So, what was the occasion for this prize? Dalia Pranckenaite:  Well, apparently the Ministry of Finance liked my work more than other contestants’! Actually, when presenting the award, they said that this year it was a tough competition as all works were strong. So, for me it was a very nice surprise since I was not exactly the 'best' student in a class. TH:  You have now graduated and started to work... Are you enjoying? Are there something you miss in your s...
Read more