3 ms·
> This seems like classic short-term thinking in an ossified organization. Yeah, unfortunately this is very common. There are good reasons for this. If you're
by pm90 7y ago
> This seems like classic short-term thinking in an ossified organization.
Yeah, unfortunately this is very common. There are good reasons for this. If you're a public company, your financial health is being constantly scrutinized by wall street which will punish your stock price (and thus, executive compensation as well). Which incentivizes short term planning, and long term investments need to pay some sort of dividend, or else it will become a closely scrutinized and wildly unpopular.