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Preview Thursday: Benefit Corporation Law and Governance: Pursuing Profit with Purpose

Lead Change Blog

Yet the introduction of the “benefit corporation” gives leaders an opportunity to remake our business culture, and perhaps save the planet from our very human short-term bias. A short-term focus on profits led to the 2008 financial crisis and is creating worsening climate risk on a daily basis.

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Beware of Short-term Management, Not the Short-term Investor

Harvard Business Review

Much has been made in recent years about the pernicious influence of short-term investors on corporate performance. I believe these arguments often miss a nuance: It is not the short-term investor but short-term management that is the problem. Indirectly though, these short-term traders can destroy value.

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An Activist Investor Lands in Your Boardroom — Now What?

Harvard Business Review

Founder and primary owner of Icahn Enterprises, Icahn had been tagged a corporate raider for his hostile takeover of TWA in 1985. Activist investors need not be a short-term extortionist nor a wrecking ball in the boardroom, and from Greg Brown’s experience at Motorola and then Motorola Solutions, we have a proof of concept.