Steve Dyer

Multiple Grammy®-winner, entrepreneur and actress Beyoncé will be the focus of an intimate feature-length HBO documentary film debuting February 16, 2013. For more, go to http://itsh.bo/UC5gYu.

A forthcoming paper* in the Journal of Financial Economics finds not only that inherited family control is still common in Japanese business, but that family firms are “puzzlingly competitive”, outperforming otherwise similar professionally managed companies. “These results are highly robust and…suggest family control ‘causes’ good performance rather than the converse,” say the authors.

Japan boasts some of the world’s oldest family-run businesses, and many family firms—Suzuki, Matsui Securities, Suntory—break the rule of steady dynastic decline. So how do Japanese firms do it? The answer, says the paper, is adoption.

Last year more than 81,000 people were adopted in Japan, one of the highest rates in the world. But, amazingly, over 90% of those adopted were adults. The practice of adopting men in their 20s and 30s is used to rescue biologically ill-fated families and ensure a business heir, says Vikas Mehrotra, of the University of Alberta, the paper’s lead author. “We haven’t come across this custom in any other part of the world.” Though the phenomenon has been previously documented, its impact on a company’s competitiveness has not.

The story is here and for the pointer I thank Leonardo Monasterio and Claudio Shikida.  There are various copies of the paper here.

gayoak:

is this seriously a picture of kel and his wife at their wedding with some fucking orange soda because i am sO FRICKIN DONE

littlepandabear:

Maxine Shaw’s Words of Wisdom

i think imma name my daughter maxine

"They had a bunch of Chers and Dollys [in the drag show] that year, so I just over-exaggerated -- made my beauty mark bigger, the eyes bigger, the hair bigger, everything. So I just got in the line and I just walked across, and they just thought I was some little short gay guy...and I got the least applause! ... It's a good thing I was a girl or I'd be a drag queen," - Dolly Parton.

safetyscissorssuck:

The back of Starbucks

when things cost money

via

Celebrity Mustache Mashups (17 Pics)

“The risk of destroying a career is nothing compared with the evolutionary drive to reproduce.”

I read this post in Scientific American and thought, “really?” But then I remembered Anthony Weiner, President Bill Clinton, John Edwards, Eliot Spitzer, and the list went on, and I thought, “fair enough.”

tastefullyoffensive:

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buttpugs:

improve