Stock Market Short-Termism
Author | : Kim M. Willey |
Publisher | : Springer |
Total Pages | : 302 |
Release | : 2019-07-12 |
ISBN-10 | : 9783030229030 |
ISBN-13 | : 3030229033 |
Rating | : 4/5 (30 Downloads) |
Download or read book Stock Market Short-Termism written by Kim M. Willey and published by Springer. This book was released on 2019-07-12 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consideration of harmful short-termism in capital markets is prevalent amongst legal and business academics. It is also garnering increased attention in corporate board rooms and executive suites, and from the investing public. As a result, correcting perceived short-termism in capital markets has become a rationale for reform used by regulators across the globe. Despite the considerable attention given to this phenomenon, there has not yet been a comprehensive book analyzing the perceived short-termism problem, its sources and causes, and reform efforts undertaken to date. This book fills this gap by documenting the rise of the short-termism discussion, analyzing the significance of the problem, and considering the proposed legal remedies. Based on this analysis, a framework for effective short-termism reform is offered.