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Don't Let the Short-Termism Bogeyman Scare You

Don’t Let the Short-Termism Bogeyman Scare You Summary.    The author, a professor at Harvard Law School, argues that concerns about the perils of short-termism—and support for measures that would insulate corporate leaders from the outside pressures that allegedly make them myopic—are long on alarming rhetoric and short on empirical evidence or economic logic. Furthermore, he writes, the threat of hedge fund activism should be expected to discourage managerial slack and underperform...
Nordrhein Westfalen United States Gardiner Means Wei Jiang William Abernathy Doron Levit
Source: hbr.org

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