An Enron Factor at Top Business Schools

The Enron scandal factors in a current report on America?s leading undergraduate business schools as identified in a BusinessWeek survey, and that bane of the accounting profession is also part of the thinking at some of those top schools. [Get the full story citing Bay Street Group research... ]
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Do You Have What It Takes?

Global report shows entrepreneurial ambition. Vision knows no boundaries.

by Rick Telberg
At Large

The Global Entrepreneurship Monitor has just issued its seventh annual survey of entrepreneurship in 35 countries. The report looks at some of the characteristics of entrepreneurs and what seems to be contributing to their success. Blended together and averaged out, the characteristics give us a composite portrait of a certain type of person who’s found all over the world.

One purpose of the report was to compare entrepreneurialism in high-income countries (with Norway at the top of the GDP per capita list and Greece at the bottom) and middle-income countries (with Slovenia at the top and China at the bottom). Enterprises in low-income countries did not participate in the study.

The report found that middle-income countries tend to start more businesses than high-income countries. Entrepreneurs are six times more likely to pop up in Venezuela than they are in Belgium, and in Thailand, bootstrap business people outpace their peers in Japan by a factor of 10. READ MORE →

Finance Managers Cast Wary Eye on Economy

Upbeat on their own companies. Not so confident about the overall economy.

by Rick Telberg
The Finance Executive

Finance and accounting professionals appear generally bullish about their own organizations’ business prospects through the remainder of 2006, but are not so confident about the short-term picture for their clients or the overall economy, according to our latest soundings.

Reflecting public opinion of the nation as a whole, many accountants and financial managers are dubious of Washington’s leadership. One financial company executive questions whether the White House and Congress can deal effectively with the ballooning budget deficit. Economic confidence, he fears, could be thwarted by a weak response to another natural or man-made disaster. “How many (Hurricane) Katrinas can we handle?” he asks. READ MORE →