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Short-Term America: The Causes and Cures of Our Business Myopia

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Short-Term America: The Causes and Cures of Our Business Myopia image
ISBN-10:

087584409X

ISBN-13:

9780875844091

Author(s): Jacobs, Michael T.
Released: Jan 01, 1993
Publisher: Harvard Business School Pr
Format: Paperback, 288 pages
Related ISBN: 9780875843001
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Description:

In this book Michael Jacobs takes a hard look at why so few American businesses are managed for the long term and why so many shareholders and lenders have abandoned the virtue of patient capital. He describes practices and regulations that pit owners and managers of America's corporations against each other, often at the expense of their mutual long-term prosperity. Jacobs offers provocative proposals to reform investment practices, corporate governance mechanisms, executive compensation plans, and banking regulations that have brought about the short-termism eroding US competitiveness and creating distant, if not adversarial relationships between capital providers and corporations.

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