This blog post is part of the HBR Online Forum The CEO’s Role in Fixing the System.
Beware of Short-term Management, Not the Short-term Investor
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. I believe these arguments often miss a nuance: It is not the short-term investor but short-term management that is the problem. […]
December 01, 2011