For startups and family businesses, establishing a professionalized, independent board and other aspects of corporate governance tend to be far down the priority list. Two experts explain why investing in corporate governance is critical to long-term success.
Most investing success is short lived, but venture capital is an exception, with top VCs beating the average year after year. A new study finds that consistent returns owe as much to a firm’s reputation and early luck as the smarts of its employees.
According to Prof. Henrietta Onwuegbuzie of Lagos Business School, entrepreneurs focused on solving problems and ongoing innovation grow their businesses faster, make more money—and have a bigger impact than any government or nonprofit.
The 32 Ohio counties spread over the Appalachian foothills suffer in comparison with their counterparts in the rest of the state by nearly every economic measure. But they’re also filled with entrepreneurs, philanthropists, and citizens seeking to build a brighter future.