Companies are well-served by playing in fewer industries, entering fewer geographical markets, and having simpler product portfolios than peer firms.
While the number of comment letters the commission sends to filers has waned drastically, the proportion of letters focused on non-GAAP metrics has shot up.
On the back of stronger revenue and operating income, both finance chiefs and CEOs saw their personal incomes leap by about 10% last year.
Performance metrics related to improvement or growth demonstrate the most positive relationships to shareholder return.
Between 2008 and 2010, companies with more diverse top teams were also top financial performers. That’s probably no coincidence.
