Commentaries by Joseph Fuller

Bankers' Compensation: Two Ideas for Influencing Bankers, Empowering Investors

Joseph Fuller 9 April 2010 Article

On Wall Street, bankers continue to speculate about a government role in their future compensation. Although policymakers shelved the issue during the health care showdown in the United States and the Greek debt crisis in Europe, that suspension is likely to be temporary. Seldom have the heads of the world’s leading economies demonstrated such unanimity of opinion on a controversy. President Obama expressed disgust over bankers’ bonuses. In London, City Minister Paul Myners, called “grotesque” the news that 5,000 London bankers would receive bonuses of 1 million pounds.  French President Nicolas Sarkozy received widespread applause at Davos when he stated that pay packages that “bear no relationship to merit” are “morally indefensible.” The scrutiny and torrent of criticism is bound to reemerge, as New York officials reported that Wall Street bonuses grew 17 percent in 2009 to surpass $20 billion. Rarely has any economic issue been better suited to populist political rhetoric.

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Korea's Next Challenge: Global Competitiveness

Joseph Fuller 25 March 2010 Article

In this essay for Bloomberg BusinessWeek, Monitor co-founder Joseph Fuller argues that leading Korean corporations, after weathering the economic downturn well, need fresh thinking to move ahead in the global economy.

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The Future for Life Sciences: Strategy and Financing

22 July 2009 Article

In a panel discussion organized by the Journal of Applied Corporate Finance, Monitor co-founder Joseph Fuller and other experts talk about ways that pharmaceutical companies can change their business models, financing structures, corporate governance models and incentive systems to build sustainable, profitable futures.

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How Computer Modeling Worsened the Financial Crisis and What We Ought to Do About It

Joseph Fuller 6 March 2009 Article

In this essay for The American Scholar Magazine, Monitor co-founder Joseph Fuller argues that Wall Street's use of computer-based models worsened the current financial crisis and recommends ways to make financial firms more responsible for managing the risk these models introduce.

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Changing Corporate Boards in the Wake of the Satyam Scandal

Business Standard of India 27 January 2009 Article

The Satyam financial fraud scandal has dragged an otherwise anonymous group — corporate directors — into the spotlight. Directors will be expected to provide greater scrutiny to assertions made by executives, write Monitor Group's Joseph Fuller and Nikhil Prasad Ojha in an opinion column, "What's a director to do?" in The Business Standard of New Delhi, India.

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