“I call it the culture bank because whenever a company does the right thing, it sacrifices some short-term advantage for one of its long-term principles. This creates a new asset.”
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Said on Inside the Strategy Room
Inside the Strategy Room · 329. Resisting “financial gravity”: How purpose-driven companies endure
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set listing standards that require companies to adhere to a set of long-term principles, and market the exchange to long-term investors
“I call it the culture bank because whenever a company does the right thing, it sacrifices some short-term advantage for one of its long-term principles. This creates a new asset.”
“Now 45% of the long-term bonds we do, so they're the bonds that we do for off the plan, 45% of them are for investors.”
“If you set up interviews and conversations at conferences, those prospects never go away… you create that stickiness and long-term opportunity.”
“Introduction of a new China central bank-type tool requiring banks to set aside cash with the Reserve Bank of India for some foreign exchange transactions”
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