short-termism

On August 19, Business Roundtable, a group of CEOs whose voices echo through Wall Street and K Street, released a “Statement on the Purpose of a Corporation.”

The time is ripe for a national conversation about long-term investment and a smarter way to pay for it.

Could the desire for investment in US infrastructure unite the Left and Right?

To the public, short-termism is a new foil for economic reform. Here are five things every voter (and policy maker) should know about combatting capital markets’ short-termism.

Twenty-eight leaders representing business, investment, government, academia, and labor joined the Aspen Institute Business & Society Program’s Corporate Values Strategy Group (CVSG) to endorse a bold call to end the focus on value-destroying short-termism in our financial markets and create public policies that reward long-term value creation for investors and the public good.

We believe a healthy society requires healthy and responsible companies that effectively pursue long-term goals. Yet in recent years, boards, managers, shareholders with varying agendas, and regulators, all, to one degree or another, have allowed short-term considerations to overwhelm the desirable long-term growth and sustainable profit objectives of the corporation.