Survival for executives at publicly traded companies has led to a maniacal focus on quarterly results, discouraging R&D without near-term payout and disincentiv

Survival for executives at publicly traded companies has led to a maniacal focus on quarterly results, discouraging R&D without near-term payout and disincentivizing minimization of negative externalities that will eventually impact everyone, including the company and its employees. The Long Term Stock Exchange was recently launched as an alternative and Asana and Twilio recently listed there (dual-listed along with existing NYSE listings) [1]. It's far too early to say if it will have any wider impact but I think the larger point is that what's necessary for "survival" is dependent on the context, and it may be possible to change the underlying conditions. [1] https://medium.com/hps-insight/on-short-termism-8e28fbe4ccc6 https://medium.com/hps-insight/on-short-termism-8e28fbe4ccc6