Beware of Short-term Management, Not the Short-term Investor
Harvard Business Review
DECEMBER 1, 2011
This blog post is part of the HBR Online Forum The CEO's Role in Fixing the System. Much has been made in recent years about the pernicious influence of short-term investors on corporate performance. The short-term investor does not reduce the firm's long-term competitiveness and value;short-term management does.
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