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Repsol and family business

Posted by Joseph Albet | 23.11.2009 | | 1 comment

Dear, in these last days, Repsol, has revealed a very interesting conflict of interests between the CEO and largest shareholder of the company, the builder Sacyr, which holds 20.01% of their capital. The issue of conflict is the dividend payable to shareholders under the exercise [...]

THE GOVERNMENT OF THE PALACE

Posted by Joseph Albet | 21.10.2009 | | 3 comments

Dear employer, in all the years of collaboration with the Economic Focus, if a subject I have written is Corporate Governance (38 articles in the category Corporate Governance). Even in 2003, in the midst of Enron crisis, we published a monograph in the Keys Collection, dedicated to this subject, the contents of which [...]

The Visible Hand

Posted by Joseph Albet | 11.10.2008 | | 3 comments

Dear employer, the title of this article reproduced from the book of Alfred Chandler (1918-2007) in 1977, the Spanish version of which has just published the editorial in the collection Belloch Esade Fund. The author, holder of the Chair of Business History at Harvard Business School since 1971, explains how the U.S., the modern enterprise [...]

CRISIS OF CONFIDENCE

Posted by Joseph Albet | 04.12.2008 | | 1 comment

Dear employer, I think I begin to understand the crisis we are experiencing: a crisis of confidence, not economic, the last and lasting distrust among financial agents. Why indeed is a problem between them have been deceiving each other and eventually we all pay. Maybe that [...]

Three years later

Posted by Joseph Albet | 5.8.2007 | | Be the first to comment this article

Dear employer, more than three years ago they're writing a letter entitled 'remuneration and senior executive, was in 2004 and began to implement measures adopted following the corporate crises of the early century - Enron (s) and company - and one of the most controversial was the transparency [...]

THE EXECUTIVE CHAIRMAN

Posted by Joseph Albet | 01.25.2006 | | Be the first to comment this article

Dear employer, about two weeks the "Work Group for Special Advisers to the CNMV on the harmonization of the referrals and update of the Olivencia and Aldama Reports on Good Government of the society cotizadas" presented a first draft "Unified Code" and opened a public debate on a set of [...]

GOOD GOVERNMENT AND FAMILY BUSINESS

Posted by Joseph Albet | 21.09.2005 | | Be the first to comment this article

Dear employer, you want to write this article in an issue that directly affects me, you know that's not my style of treating subjects as a professional, but what happened this week has me. 'll Explain.
Last Tuesday I had the opportunity to participate as a speaker at a meeting organized by the monthly [...]

GOOD GOVERNANCE AND RESULTS

Posted by Joseph Albet | 04.19.2005 | | Be the first to comment this article

Dear employer, a few months ago I was invited to a talk on good governance and business results. I've said when I proposed that I hesitate to accept the invitation. The reason? Within academia there is no conclusion on the issue due to the lack of consensus on the variables [...]

TAKE THE NAME ON IT

Posted by Joseph Albet | 9.2.2005 | | Be the first to comment this article

Dear employer, in a recent article (La Vanguardia, 31 January) by Professor Wheat, also executive director of Fomento del Trabajo Nacional, exposed their concern that Spain is seeking to regulate social responsibility (CSR) and therefore appear a series of mandatory regulations. He gave two reasons to [...]

19 million

Posted by Joseph Albet | 25.11.2004 | | Be the first to comment this article

Dear employer, all is known that a few weeks ago the CEO of Repsol YPF, Alfonso Cortina, submitted his resignation and was replaced in office by Antoni Brufau. One consequence of this "resignation" is the compensation of 19 million that the company will pay the resignation, according to [...]

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