# Professor Robert Salomon shares his views on business conglomerates

1 Faculty News April 23, 2018 ![Nikkei logo](/sites/default/files/styles/246w/public/assets/images/nikkei192x144.jpg?itok=R-JXNYmy)>

Excerpt from [Nikkei](http://www.stern.nyu.edu/sites/default/files/assets/documents/Nikkei%2020180424%20page6-1.pdf) -- (Translated from Japanese using Google Translate) "\[It was former GE chairman and CEO Jack\] Welch’s strong influence which made GE able to keep various businesses with a low level of relatedness to each other (and which made investors overlook the inefficiencies caused by such a structure)."

[Read more](http://www.stern.nyu.edu/sites/default/files/assets/documents/Nikkei%2020180424%20page6-1.pdf)