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Playing the long game : how to save the West from short-termism

Author: Laurie Fitzjohn-Sykes
Publisher: Exeter : Imprint Academic, [2015] ©2015
Series: Societas (Imprint Academic (Firm))
Edition/Format:   Print book : Document   Computer File : EnglishView all editions and formats
Summary:
We obsess about what our politicians are doing, but ignore that our companies are no longer investing, instead they are focusing on next quarter's profits in order to justify ever higher executive compensation. This is in turn accelerating the West's economic decline versus the East. While the short-term focus of business is becoming widely acknowledged, we are not doing enough to reverse this. Looking at the less  Read more...
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Material Type: Document
Document Type: Book, Computer File
All Authors / Contributors: Laurie Fitzjohn-Sykes
ISBN: 1845408349 9781845408343
OCLC Number: 910088177
Description: 115 pages
Contents: The problem of short-termism --
Why companies exist --
Three ownership and control --
Rise of short-termism --
What are the alternatives? --
Six reforming incentives --
The missing piece.
Series Title: Societas (Imprint Academic (Firm))
Responsibility: Laurie Fitzjohn-Sykes.

Abstract:

We obsess about what our politicians are doing, but ignore that our companies are no longer investing, instead they are focusing on next quarter's profits in order to justify ever higher executive compensation. This is in turn accelerating the West's economic decline versus the East. While the short-term focus of business is becoming widely acknowledged, we are not doing enough to reverse this. Looking at the less known history of companies shows us the choices we can no longer afford to ignore. Some current reforms need to go further and some areas that need reform are currently being ignored. Encouraging our businesses to invest again is one of the most important issues of our time.--

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