Chart of the week: the cost of hobnobbing at Davos

Chart: The cost of a hobnob

The stock market value of the firms represented at Davos amounted to $12trn, or a fifth of the world’s total, says However, all this hobnobbing and networking hasn’t done these companies any good.

The 104 that have sent delegates at least thee times in the past five years have underperformed both US and global benchmarks. “Time to get back to work.”