The Real Reasons Companies Are So Focused on the Short Term
Harvard Business Review
DECEMBER 13, 2017
CEOs from rival firms); conversely not all inside CEOs have it (CEOs promoted from finance). This means all R&D is subtracted from operating income in the year it’s expended, while the payoffs to R&D don’t occur until future periods. Moreover, not all outside CEOs lack domain expertise (e.g.,
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