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Kim M Willey – Stock Market Short-termism
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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.
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