> Another (perhaps more drastic) approach would be to force shareholders to hold their shares for a minimum period of time The US tax code already does this by

> Another (perhaps more drastic) approach would be to force shareholders to hold their shares for a minimum period of time The US tax code already does this by differentiating tax treatment between short- and long-term capital gains, although you might argue that the time required to qualify as long-term (1 year) is too short.