Around Cornell Business
The Globalization of Chinese Companies: A case study of the Fosun Group – Knowledge of the Chinese Market Has Enabled Significant Investments in Private Equity
The Fosun Group is leading the way for Chinese investments in private equity. by Faye Zou, MBA ’15 The Market China is currently number 2 in the world in terms of GDP. In the year of 2013, 93 Chinese companies are listed in the Fortune 500 list. According to China’s Ministry of Commerce, Chinese overseas […]
Are Jim O’Neil’s BRIC predictions turning out to be true? Analytical study to compare Jim O’Neil’s prediction on macroeconomic indicators with the actuals from the last 15 years.
A MBA student tests Jim O’Neil’s 2003 predictions about the growth of BRIC economies and concludes O’Neil was too conservative. by Jivesh Govil, MBA ’15 Jim O’Neil, retiring chairman of Goldman Sachs Asset Management UK, coined the term BRIC—Brazil, Russia, India, and China—in his landmark study published in 2003. His predictions and analyses have been […]
Ming Wong ’86, MBA ’89
Change for good In China’s remote villages, residents who don’t have access to electricity cook their food by burning wood or yak dung inside poorly ventilated homes. The toxic smoke generated from these primitive stoves causes more indoor air pollution than can be measured on a city street in Beijing. Yet in 2008, a company […]
Salmaan Jaffery, MBA ’01
Better banking in Dubai As a consultant with PricewaterhouseCoopers in Dubai, Salmaan Jaffery advises banks on how to operate more effectively. But since moving to the Middle East in 2008, he’s found that working with banks in the region is a completely different undertaking than assessing financial institutions in the United States. While Jaffery primarily […]
Olga Narvskaia, MBA ’06
Growing Dropbox If a startup is a company designed to grow fast, then Dropbox, the online storage firm, still fits the model. Since Olga Narvskaia joined the San Francisco-based company as head of user operations in 2012, the number of employees has spiraled to 1,200 from less than 200. “The brand is so big and […]
In Memoriam: Wilbur Parker ’50, MBA ’50
Cornell’s first African-American MBA broke barriers throughout his career The Johnson community was saddened to learn of the passing of Wilbur Parker ’50, MBA ’50, Cornell’s first African-American MBA and inaugural recipient of the Distinguished Alumni Award from Johnson’s Black Graduate Business Association — subsequently named in his honor as the Wilbur Parker Distinguished Alumni […]
An Able Navigator
Demir Sabanci, MBA ’99, President, chairman, and founder, Sedes Holding, and president and CEO of Sedesco Inc Two pieces of art dominate the main boardroom at Sedes Holding, Demir Sabanci’s Istanbul-based investment management firm. One is an oil painting of a ship swaying through choppy waters. The other is a scale model of the Titanic. […]
Victoria Chen, MBA ’10
Breathe Deep Victoria Chen immediately noticed something was different when she landed at Shanghai Pudong International Airport last December. Though it was nearly 11 p.m. and the food court was closed, the airport smelled like barbeque kebab. After staying in Shanghai for a few days, she saw clouds of smog so thick shrouding the city […]
Bulgaria as an Investment Location Interview with Ivo Konstantibov, Commercial Counselor and Trade Attache Bulgarian Embassy, Washington, DC
Bulgaria anticipates incremental growth, particularly in the IT sector, and has benefited from accession into the European Union. by Krasina Koleva, MBA ’15 Overview: Bulgaria is a small country located on the Balkans that borders Romania, Greece, Turkey, Macedonia, Serbia and the Black Sea. In 2011 the total population of the country was 7.3 million […]