The re-emergence of Dell as a Listed Company can only leave a sour taste in the mouth of anyone who supports a Market System that benefits the great majority and not just a few clever financial engineers.
For a long time Pro Governance has argued that it is much to easy to take listed companies 'private' (a misnomer in the case of 'Private Equity' backed deals as PE firms are mostly working with money from Joe Sixpack even if it is allocated by fiduciaries in the money management food chain).
Dell returns to public equity markets
In the paper The Effect of Managers on Systematic Risk, we ask whether top
manager-specific differences account for part of the unexplained variation
in tr...
9 hours ago
