Description:Now is the time to redirect your focus from short-term gain to long-term growthIn 2005, the man who coined the term "shareholder value" wrote a groundbreaking and heavily discussed article in the "Harvard Business Review." Called "10 Ways to Create Shareholder Value," Alfred Rappaport outlined a simple but profound thesis: "Sacrificing future growth to meet quarterly earnings benchmarks is the road to corporate and investment ruin."Sure enough, a global financial crisis occurred, which Rappaport blames on executives who chased higher stock prices with stock options. Ditto for money managers chasing quarterly performance numbers.In "Ten Ways To Build Long-Term Shareholder Value," Rappaport examines the causes and consequences of "short-termism" and offers specific recommendations for redirecting incentives and accounting practices.Whether you're a corporate manager, public policymaker, business-school student, or simply concerned about your financial future, "Ten Ways to Build Long-Term Shareholder Value" provides valuable insight and actionable tips to change the course of your company--and contribute to an overall healthy economy that benefits all.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Saving Capitalism from Short-Termism: How to Build Long-Term Value and Take Back Our Financial Future. To get started finding Saving Capitalism from Short-Termism: How to Build Long-Term Value and Take Back Our Financial Future, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
257
Format
PDF, EPUB & Kindle Edition
Publisher
McGraw Hill
Release
—
ISBN
0071736379
Saving Capitalism from Short-Termism: How to Build Long-Term Value and Take Back Our Financial Future
Description: Now is the time to redirect your focus from short-term gain to long-term growthIn 2005, the man who coined the term "shareholder value" wrote a groundbreaking and heavily discussed article in the "Harvard Business Review." Called "10 Ways to Create Shareholder Value," Alfred Rappaport outlined a simple but profound thesis: "Sacrificing future growth to meet quarterly earnings benchmarks is the road to corporate and investment ruin."Sure enough, a global financial crisis occurred, which Rappaport blames on executives who chased higher stock prices with stock options. Ditto for money managers chasing quarterly performance numbers.In "Ten Ways To Build Long-Term Shareholder Value," Rappaport examines the causes and consequences of "short-termism" and offers specific recommendations for redirecting incentives and accounting practices.Whether you're a corporate manager, public policymaker, business-school student, or simply concerned about your financial future, "Ten Ways to Build Long-Term Shareholder Value" provides valuable insight and actionable tips to change the course of your company--and contribute to an overall healthy economy that benefits all.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Saving Capitalism from Short-Termism: How to Build Long-Term Value and Take Back Our Financial Future. To get started finding Saving Capitalism from Short-Termism: How to Build Long-Term Value and Take Back Our Financial Future, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.