Fall Through the Cracks Friday – Growth of BRIC and N-11 Economies and Companies

In 2010, CEO turnover at the world’s largest 2,500 public companies saw its sharpest year-over-year decline (19%) of the past decade, falling to 11.6%, according to management consulting firm Booz & Company’s 11th annual CEO Succession Study.

One of the interesting findings of the study, and one which was discussed at last year’s PLUS Conference by John Doggett, is the continuing rise of Asian economies.  From the article:

Asian economies are becoming the new center of gravity. China, Japan and the rest of Asia comprised the largest “bloc” in the world’s top public companies, with 895 companies, versus North America‘s 772 companies and Europe‘s 618 companies. For the first time, almost half the top 2,500 are located outside North America and Western Europe, not only in the BRIC countries but in the “next 11” emerging nations.

The number of companies from BRIC (Brazil, Russia, India and China) has grown 24% on average annually since 2000, while Chinese companies alone now account for one in five new companies in the world’s top public companies.

You can read the full here on the Reuters website.

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The Professional Liability Underwriting Society (PLUS) was founded in 1986 by industry professionals who recognized the need for a forum for individuals involved in the field of professional liability. The Society is a non-profit organization with membership open to persons interested in the promotion and development of the professional liability industry. Membership consists of over 6,500 individuals, representing over 1,000 companies active in the many fields of professional liability. PLUS currently receives the support of more than 200 companies through corporate membership. PLUS is recognized as the primary source of professional liability educational programs and seminars, assistance to its members to help serve clients, and information regarding professional liability. The Society is continually seeking new means to fulfill its mission statement and better serve its members.

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