Leadership Long-term Present Value Skills 
Harvard Business Review
DECEMBER 1, 2011
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.
Harvard Business Review
OCTOBER 3, 2011
Creating Shareholder Value. Critics imply that managing for shareholder value is all about maximizing the short-term stock price. Companies that manage for shareholder value, the thinking goes, do whatever it takes to engineer an ever-higher market price. In the very long haul, earnings and cash flow converge.
Expert insights. Personalized for you.
14 
Let's personalize your content