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Im from germany, i have seen family controlled companys regularly out-pace performance and innovation-wise by shareholder companys, whose shares where distribut
by honestoHeminway 9y ago
Im from germany, i have seen family controlled companys regularly out-pace performance and innovation-wise by shareholder companys, whose shares where distributed and volatile.
There is in particular a type of CEO who regularly appears and lines up his short-term interest with the short-term interest of the volatile shareholders, turning the whole company into Swag and leaving afterwards. There is no mechanism to punnish this or refuse rewards after shortterm gains on substance losses.
- DataWorker 9y agoAnd I think the quarterly reorting cycle helps exacerbate this problem. I would love to have my views altered if someone can point to cases where r&d benefits from the current state where quarterly reports seem to make or break companies.
- TimJYoung 9y agoI read that the BMW i3 is an example of such thinking, and that most publicly-owned car companies would have never even attempted the type of engineering and manufacturing that went into the car.