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As for investments, his advice is to "reduce equity exposure, hold gold — it's a quasi-currency".
That year, Zynga also started to reduce equity packages through demotions.
Yet in recent years much progress has been made in understanding how to reduce equity agency costs, argues Mr Tirole.
So it came as a jolt this October when Lucent announced that it would reduce equity by $3 billion because the assets in its pension trusts had declined.
We next calculate the extent to which, over time, Silbermann and Sharp would be able to reduce equity ownership without relinquishing their lock on control.
We then draw connections between these various areas of research, focusing on how these different forms of sexism interact to reduce equity and justice among children and negatively impact positive developmental outcomes.
Similar(42)
Some callers "just couldn't take it any more". Some wanted to reduce equities by 50% from today's levels.
With the exception of some defensive stocks, like utilities and drugs, reduce equities that you can't hold through a major bear market.
One attraction of buying back shares is that it increases returns by reducing equity rather than by improving profits.
"The concerns about the economy have reached such a level that we are reducing equity exposure," said Douglas R. Cliggott, United States equity strategist at J. P. Morgan Securities.
"It takes supply out of the market, reduces equity on the balance sheet and provides a boost in return on equity immediately," she said.
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