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Saving Capitalism From Shorttermism: How To Build Longterm Value And Take Back Our Financial Future,New
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Conquering The Obession With Shortterm Profits Is Critical To The Future Of Business, Society, And Capitalism Itselfalfred Rappaport Presents A Game Plan Every Business Leader Should Readas 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 Street Quarterly Earnings Expectations Rather Than On Creating Longterm Value Is An Invitation To Disaster.Rappaport Shows How Deeply Flawed Shortterm Performance Incentives For Corporate And Investment Managers Were An Essential Cause Of The Recent Global Financial Crisis. In Saving Capitalism From Shorttermism, Rappaport Examines The Causes And Consequences Of Shorttermism 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, Businessschool Student, Or Simply Concerned About Your Financial Future, Saving Capitalism From Shorttermism Provides Valuable Insights And Practical Ideas To Change The Course Of Your Organization And Contribute To A Healthier Economy That Benefits All.
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