On 14/05/2012 23:47:01,
This article from The Boston Consulting Group - 'The CEO as an Investor' has some useful insights. For example - along the same lines as the KPMG and McKinsey studies mentioned in the article:
'More than one-third of the $8 trillion of invested capital in the S&P 1500 does not earn the cost of capital. Over a five-year period, half the companies experience a significant write-off, divest a major business, or see a decline of 50 percent or more in company value'.
See the link to BCG article below: