Kapor was one of the earliest investors in two Internet Access firms, Performance Systems International (now PSINet) and UUNet Technologies, which merged with MFS Communications, which in turn was sold to WorldCom.
Much like Manhattan apartment brokers who resist putting their best properties on a central listing service, PE firms use performance measurements like multiple of investment or internal rate of return that make it virtually impossible to compare one fund against another unless they started the same time and have had similar cash inflows and outflows.
Many firms now offer performance-based pay and other incentives, such as stock options, only to certain categories of worker, and keep the performance-related component small.
One new suggestion is that companies should not alter schemes retrospectively, if the firms miss a performance target, and the bosses miss their bonanzas as a result.
The first is that investors are moving money out of life-insurance companies, some of the biggest holders of corporate bonds, and placing it with investment-advisory firms with superior performance.
Kirner, examined 17 firms without formal performance appraisal systems.
Wall Street firms seeking peak performance have turned away from all-purpose servers to specialized technology solutions developed for a particular task, said participants at 2011 High Performance Computing Linux Financial Markets in New York.
And the performance of firms often suggests their research capabilities may not be as good as they maintain.
FORBES: Money Manager Use of Tainted Wall Street Research (Oct 1, 2002 )
Proponents of quotas cite the superior performance of firms with female directors as evidence that quotas will benefit companies and their shareholders.
They generate over half of their revenue by selling products that help other firms improve their sustainability performance, such as energy efficiency.
Analysts are employed by banks, fund managers and stock broking firms to study the performance and trading prospects of a particular firm or company sector.
Despite the obvious dissimilarity between the performance of today's online leaders and older, more mature firms, the rapidly improving financial performance of the dotcom survivors has persuaded investors to open their wallets.
These two firms are leading providers of performance benchmarking and best practices across a wide range of industries.
In America and Britain, shareholders these days are taking a much greater interest in the performance of the firms they own.
Next we targeted the work of those analysts at these firms who have the best performance records with their buy and sell recommendations.
It invested in funds whose deals involved much less debt and much more attention to improving the operating performance of the firms concerned.
In 2005 Lankford ditched a comfortable salary, hired away an engineer from Reuters and went hunting for consulting gigs optimizing speed performance for trading firms and hardware vendors.
Game-changing innovation thus lies outside the performance envelope of firms built on hierarchical bureaucracy where the top is focused on short-term gains and the stock price.
Recruitment firms have reported the strongest performance in the Scottish jobs market since May 2011, prompting hopes that Scotland's economy is entering a period of growth.
The launch of the euro, which threatens to intensify regional competition and to undermine pricing power, makes the need for firms to improve their financial performance all the greater.
The 2010 rise in executive compensation was largely due to new incentive plans that were designed to reward them, as were their old ones almost exclusively based on the financial performance of their firms.
FORBES: Executive Compensation's New Normal: A Missed Opportunity
That is also why there has been no link between pay and performance: lacklustre firms followed the escalator too, perhaps in order to attract good managers, or out of pride, or because their shareholders failed to prevent it.
ECONOMIST: At the heart of capitalism's troubles lies executive pay
Following recent problems at several big Swiss insurance companies, the commission will also take charge of the insurance sector, as well as keeping a tighter watch on the performance of audit firms, some of which it feels have been getting too close to their clients.
They try to use the best LBO techniques for improving the performance of the firms they buy, but without saddling those firms with the massive debt burdens that were to prove so disastrous for RJR Nabisco and many other acquisitions made after the 1980s' LBO boom turned to bust.
ECONOMIST: Will private equity behave any better in this downturn?
Most large investment-advisory firms comply with strict rules on performance reporting set by the CFA Institute.
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Cowles calculated the average performance for the 16 firms was 1.4 below the market average.
Both of these firms focus on helping companies improve performance and achieve operational efficiencies.
These changes have caused money to flood out of life-insurance companies and, to a lesser extent, trust banks, into investment advisory firms, attracted by their better performance.
Petter Osmundsen, a petroleum economist who teaches at Stavanger University in Norway, suggests another: excessive focus on short-term measures of financial performance, which discouraged firms from making long-term bets on growth and encouraged them to dish out their profits to shareholders instead in the form of increased dividends and share buybacks.
After all, their own money is not at risk--it's a fee. (By contrast, when they invest their own money in the funds, the profit is obviously a capital gain.) Let's be honest: It is a charade that private equity firms have claimed their 20% performance fees at the lower capital gains rate.
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