Murdoch's

http://www.beet.tv/2009/02/murdochs-emotional-bias-has-hammered-news-corp-shares-dartmouthtuck-professor-.html


With news of a dramatic write-down and loss at News Corp, one academic says that the company's poor performance and reception on Wall Street can be laid at the feet of founder Rupert Murdoch who operates with "emotional bias."

This was most clearly demonstrated by his purchase of Dow Jones, parent of the the Wall Street Journal, says Syd Finkelstein, Professor of Management at the Tuck School of Business at Dartmouth.

He says part of the company's poor stock performance is due to investors' factoring in a "red flag discount to Rupert Murdoch."

Finkelstein was in New York today to promote his new book, Think Again, Why Good Leaders Make Bad Decisions, Harvard Press.

Earlier today, Finkelstein appeared on Yahoo! Finance Tech Ticker with Henry Blodget and Aaron Task. Here's the video.

More analysis on News Corp loss by Peter Kafka at AllThingsD. And here's big round-up on developments at News Corp in the Financial Times.

-- Andy Plesser, Executive Producer

Disclaimer: The Tuck School of Business at Dartmouth is a client of Plesser Holland public relations.

1. By: Beet.TV
2. Categories News & Events
3. Views 23
4. Added :10-Feb-09
   Report This Video