News and Videos
The latest news, posts and videos
CFO BLOG & VIDEOS
MIT Professor Simon Johnson Awarded Nobel Prize in Economics; Speaker at 2023 MIT CFO Summit
October 2024
MIT economists Daron Acemoglu and Simon Johnson PhD ’89, whose work has illuminated the relationship between political systems and economic growth, have been named winners of the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. Political scientist James Robinson of the University of Chicago, with whom they have worked, also shares the award. “Societies with a poor rule of law and institutions that exploit the population do not generate growth or change for the better,” the Swedish Royal Academy of Sciences stated in the Nobel citation. “The laureates’ research helps us understand why.”
MIT President Sally Kornbluth congratulated both professors at an Institute press conference this morning, saying that Acemoglu and Johnson “reflect a kind of MIT ideal” in terms of the excellence and rigor of their work and their commitment to collaboration. Their research, Kornbluth added, represents “a very MIT interest in making a positive impact in the real world.”
In their work, Acemoglu, Johnson, and Robinson make a distinction between “inclusive” political governments, which extend political liberties and property rights as broadly as possible while enforcing laws and providing public infrastructure, with “extractive” political systems, where power is wielded by a small elite.
Jeremy Seidman, Executive Chair, MIT Sloan CFO Summit, commented, “We are honored to have had Simon Johnson featured at last year’s CFO Summit where he headlined our morning keynote, ‘Innovation: Distributing Results.’ I am proud to extend our congratulations for this international recognition of his work.”
A CFO’s Masterclass in Hiring Abroad With Simone Nardi of G-P
September 2024
Simone Nardi, CFO, G-P, one of the largest providers of Employer Of Record (EOR) services, joins CJ Gustafson of “Run the Numbers” for a masterclass in expanding internationally. Come for an overview of EORs, stay for insights into strategy, technology, team building and more.
2023 MIT Sloan CFO Summit Delivers: 21st Annual Event Concludes with CFO Achievements, Insights and Advice
November 2023
CAMBRIDGE, Mass.–(BUSINESS WIRE)–The MIT Sloan CFO Summit, the premier conference for Chief Financial Officers, concluded its 21st annual event with more than 400 CFOs, senior financial executives and MIT faculty participating in formal presentations and informal networking. Themed “Delivering Success,” the conference featured insights from CFO keynote speakers including Delta Air Lines, GE, Honeywell and Johnson…
Cash is Still King: The Role of Foundational Finance
October 2023
As every winning sports team, star athlete and leading coach knows, solid fundamentals support better offense, tighter defense and expanded options for taking home a medal. So too in the realm of finance, solid fundamentals remain the bedrock for evaluating opportunities, addressing business challenges, and, ultimately, making informed decisions that position a company for success….
Successful M&A: Managing Transactions and Market Cycles
October 2023
With Cisco’s $28 billion planned acquisition of Splunk, it’s clear the M&A landscape has re-awakened. As the economy cycles through stages of slowdown and strength, financial executives must lead with both patience and persistence. At this year’s MIT Sloan CFO Summit, our session on Successful M&A: Managing Transactions and Market Cycles examines the CFO’s important…
The Customer-Centric CFO
September 2023
Meeting customer needs is mission-critical for the success of every company. CFOs have different methods available to gauge customer needs, including direct interaction and intermediary data gathering. CFOs also know it’s important not only to listen, but also to lead. With a “know your customers” mindset, product and service decisions can be made with greater…
MIT Sloan CFO Summit Presents “Delivering Results” with CFOs from Delta Air Lines, GE, Honeywell, Johnson & Johnson and Pfizer
September 2023
Premier one-day conference celebrates 21st year offering insights and expertise from MIT Faculty and leading financial executives The MIT Sloan CFO Summit, the premier conference for CFOs, celebrates its 21st anniversary connecting financial leaders across a broad mix of business structures, stages and sectors. The nation’s preeminent one-day CFO conference, to be held Tuesday, November…