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The idea that stock exchanges provide disincentives for long term strategic planning at public companies is not just an economic problem, but a political proble
by padobson 10y ago
The idea that stock exchanges provide disincentives for long term strategic planning at public companies is not just an economic problem, but a political problem.
As an entrepreneur, I'm proud of Reese for trying to tackle a big political problem with a startup, rather than through the political process. I can't help but think a lot of big problems that interested parties try to solve with lobbying, campaigning, and legislation could instead be solved with a market-based solution that doesn't necessitate government coercion.
- repomies691 10y ago> The idea that stock exchanges provide disincentives for long term strategic planning at public companies Is this really true? Quite many public companies seem to innovate in long-term. In fact, to me it feels that private companies are often more short-term, because they don't have access to the liquidity the stock market provides, and therefore they have to generate more revenues short-term.