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The issue has existed for as long as there have been social institutions; yet two decades ago, the term ‘corporate governance’ had not been coined.

Will the dominant firms of the next century be the ones that show foresight and react quickly? Many of the best companies work simply by doing traditional business very, very well.

We would do better to stop talking about competitiveness. It seems only to get in the way of clear thinking.

Competition is a powerful stimulus to efficiency, innovation, and customer service. We can believe these things, and should, without feeling obliged to accept the political agenda of libertarian individualists. The language of inclusion provides the basis for doing so.

We would be better off if executives involved spent more time minding the store, rather than negotiating to buy each other's stores - so here is a proposal to put sand in the wheels of the takeover machine.

Privatisation is not valuable in and of itself – it is competition that counts. Although it has worked elsewhere, it has not and will not work in the water industry, because there is no scope for competition.

We evaluate risks poorly - whether it comes to insurance, speculation or beef scares. These mistakes cost us all money in the long run.

Retailing exists because consumers are ignorant, small and immobile. Will the internet really change this?

The victory of market forces over central planning is complete. The communist regimes of Eastern Europe collapsed under the weight of their own...

Is there a difference between a “stakeholding” corporation and one focussed on shareholder value? Yes: by treating customers and employees as ends, not means, companies do well by doing good.