3 ms·
>It occurs to me--is there some sort of financial instrument a company could buy (or sell) which would incentivize them to take a longer-term view of their own
by drcube 14y ago
>It occurs to me--is there some sort of financial instrument a company could buy (or sell) which would incentivize them to take a longer-term view of their own performance?
ESOP. When the stockholders are the employees, quarterly earnings take a back seat to making sure the company will still be successful 30 years from now when they retire.
https://en.wikipedia.org/wiki/Employee_ownership https://en.wikipedia.org/wiki/Employee_ownership
- jacques_chester 14y agoThe intersection of public finance and constitutional democracy suggests that nope, this wouldn't work either.