9780071736367

Saving Capitalism From Short-Termism: How to Build Long-Term Value and Take Back Our Financial Future

  • ISBN 13:

    9780071736367

  • ISBN 10:

    0071736360

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 08/11/2011
  • Publisher: McGraw-Hill Education

Note: Not guaranteed to come with supplemental materials (access cards, study guides, lab manuals, CDs, etc.)

Extend Your Rental at Any Time

Need to keep your rental past your due date? At any time before your due date you can extend or purchase your rental through your account.

Sorry, this item is currently unavailable.

Summary

Conquering the obession with short-term profits is critical to the future of business, society, and capitalism itselfAlfred Rappaport presents a game plan every business leader should read "As Rappaport keeps on speaking out for the realities surrounding investment and speculation, our society will profit as it builds on his keen insights." John C. Bogle, founder of The Vanguard Group (from the Foreword) About the Book: Alfred Rappaport, who first introduced the principles and practical application of "shareholder value" in his groundbreaking 1986 classic Creating Shareholder Value, reiterated the basic message in his 2006 Harvard Business Review article: Focusing on Wall Streetquarterly earnings expectations rather than on creating long-term value is an invitation to disaster. Rappaport shows how deeply flawed short-term performance incentives for corporate and investment managers were an essential cause of the recent global financial crisis. In Saving Capitalism from Short-Termism, Rappaport examines the causes and consequences of "short-termism" and offers specific recommendations for how publicly traded companies and the investment management community can overcome it. Whether you're a corporate manager, money manager, public policymaker, business-school student, or simply concerned about your financial future, Saving Capitalism from Short-Termismprovides valuable insights and practical ideas to change the course of your organization and contribute to a healthier economy that benefits all.

Table of Contents

Read more

Write a Review