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Good points, but it seems the common failure is ignoring them and focusing entirely on the next quarterly results. Having shareholders seems to be a magnifier
by bsg75 14y ago
Good points, but it seems the common failure is ignoring them and focusing entirely on the next quarterly results.
Having shareholders seems to be a magnifier of shortsightedness.
- RougeFemme 14y agoAgreed. Shareholders and Boards of Directors. Even if you have shareholders with a long-term view, if the Board of Directors is thinking short-term, then the senior managers fear for their corporate lives and will (re)act accordingly.