The inventor of the term "shareholder value" critiques the corporate and investment worlds' overemphasis on short-term earnings and provides new incentives and accounting practices that can help companies grow over the long term
"Rappaport appears genuinely concerned about the excess focus of financial community on short-term results at the expense of long term value and has produced a well-researched and coherently argued work" Decision, Jan 2012.
Inhaltsverzeichnis
Introduction
Chapter 1: The Rise of Short-Termism
Chapter 2: Short-Termism Produces a Financial Crisis
Chapter 3: Corporate Short-Termism
Chapter 4: Investment Management Short-Termism
Chapter 5:: Corporate Long-Term Performance Incentives
Chapter 6: Becoming a Long-Term Value-Creating Company
Chapter 7: An Overhaul of Corporate Financial Reporting
Chapter 8: Long-Term Performance Incentives for Investment Managers
