Don’t Blame Stock Markets for Peril of Short-Termism
The Business Roundtable, a prestigious organisation of the CEOs of the largest American companies, last week urged large public companies to stop telling investors what senior executives expect quarterly earnings will be. Their effort arises from the widespread belief that the scourge of market-driven short-termism is seriously damaging the American economy. Ending this quarterly earnings … Continue reading Don’t Blame Stock Markets for Peril of Short-Termism
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