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It was lack of a stable ownership with stable resources.
The Mara and Tisch families have provided stable ownership.
"The sooner we got stable ownership, the better it was for the Rangers," DuPuy said.
The biggest value-add that we're bringing to that property is stable ownership.
Stable ownership also favours the patient work of organisation - and relationship-building, as opposed to financial engineering.
Stable ownership is the gift of social law, and is given late in the progress of society.
Similar(41)
The lesson? "People frequently give up in the things they try to do, but nature never gives up," said Fort, who heads Peachtree Stable, an ownership syndicate.
"Thanks to a stable institutional ownership base, these companies are much further along in the corporate governance arena".
Certainly, many economists would be wary of expanding stock options in the future, arguing that they create too much risky behavior, but stable stock ownership is a well-known way to address principal-agent problems.
The Steelers are the opposite, so stable that even ownership turmoil is proving that the more things change, the more they stay the same.
With a stable and supportive ownership structure and a balance sheet that is fit for purpose, Mouchel will be in a strong position to rebuild the business and start winning large contracts again".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com