Prospect Capital Corporation

Prospect is a business development company lending to and investing in private businesses, aiming to generate both current income and long-term capital appreciation through debt and equity investments.

CCI Score

-32.84

0.02% April 18

Latest Event

Management Abuses Analyst on Earnings Call

During the FY 2024 earnings conference call on August 29, 2024, Prospect Capital's CEO, John Barry, verbally abused a Wells Fargo analyst, Finian O'Shea, which highlighted an authoritarian and unprofessional management style during the Q&A. This behavior raises concerns about the company's commitment to respectful, transparent dialogue.

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TOADIE

Prospect Capital Corporation is currently rated as a Toadie.

-30 to -44 CCI Score

Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

AUG

29

2024

Management Abuses Analyst on Earnings Call
-46.91

During the FY 2024 earnings conference call on August 29, 2024, Prospect Capital's CEO, John Barry, verbally abused a Wells Fargo analyst, Finian O'Shea, which highlighted an authoritarian and unprofessional management style during the Q&A. This behavior raises concerns about the company's commitment to respectful, transparent dialogue.
-50

Public and Political Behavior

April 3

The CEO’s aggressive and disparaging response to an analyst during a public forum exemplifies an abuse of power and authoritarian behavior. Such conduct is reflective of practices that undermine respectful and transparent corporate dialogue and aligns with traits commonly associated with fascist or authoritarian leadership.

Prospect Capital: Management Verbally Abuses An Analyst On FY 2024 Earnings Conference Call – BDC Reporter
AUG

29

2024

CEO lashes out at analyst during earnings call
-18.77

On August 29, 2024, Prospect Capital CEO John F. Barry III aggressively defended the firm's track record during a quarterly earnings call by lashing out at a Wells Fargo analyst. The incident, reported by Bloomberg, highlighted a confrontational approach that undermines respectful dialogue.
-20

Public and Political Behavior

April 3

The CEO's aggressive outburst during the earnings call reflects a combative public stance that, while deflecting criticism, discourages constructive debate and can be seen as aligning with authoritarian communication tactics. This behavior, in the context of current political climates, raises concerns about the company’s public and political behavior.

Prospect Capital (PSEC) CEO Lashes Out at Wells Fargo Analyst