23/03/06



一日中会議だった。

今日は時間がないので、英語のみ!

Had a UK capital meeting all day.

It occurred very interesting to me, that in the morning session, we had a quite tense argument

between the analyst from different sites but during the lunch time,

the ice gradually melted when they started talking about their children.

I guess mothers have something in common, 'mother power' I would call it,

maybe I should write about that in my essay

Yeah why not?  I can apply some child gearing theories into business can't I?

I mean I can say merger and aquisition is like marriage and joint venture is a kid.

Kids tends to go running around everywhere and have to be taught what to do just like joint venture needs to be

monitored to avoid the 'principal-agency problem'.

And kids tend to like sweets, which is similar to small companies like funding from their parent company.

Wait a minute, in English we actually call it the  'parent company', but hey,

why do we call it subsidiary, that's a bit daft, instead of subsidiary we should just call it a kid of parent company.

And making consolidated financial statements is like having dinner at the table and mother asking

'how was your school?' and kids answering 'I drew a lion!' and all that, sharing information.

Come on, let's forget this stupid business, and be more family oriented,

it's all about love, you see.

Right, now I have to translate all that in Japanese, which I'm not goona do, don't have time.



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