Filters

Placeholder image

In the News

The False Prophet of ‘Long-Term Investing’

12 October 2017 - A decade to the day since the precrisis peak of U.S. stocks, it has become easier and easier for investors to take a long-term view. Those who bought on the day the S&P 500 hit...

Learn More
Placeholder image

In the News

Can Companies be Persuaded to Think Long Term?

8 June 2017 - In a 2011 article, McKinsey & Company chief Dominic Barton called on his global counterparts to adopt a longer-term approach to business planning in the wake of the financial crisis of 2007-2008. Two years later,...

Learn More
Placeholder image

In the News

Four Questions with FCLT

7 June 2017 - Sarah Williamson, CEO of not-for-profit initiative Focusing Capital on the Long Term, explains why quarterly guidance should be abolished and how IROs can get insightful feedback from investors....

Learn More
Placeholder image

In the News

Letters to the Editor

2 March 2017 - Schumpeter’s recent column on corporate short-termism suggests that “the solution is to prod incumbent firms to invest vast amounts and insulate their managers from investors” (February 18th). On the contrary, the solutions should be much...

Learn More
Placeholder image

In the News

Corporate Short-Termism is a Frustratingly Slippery Idea

16 February 2017 - AS AMERICA’S economy has misfired over the past decade, several grand theories have emerged about what went wrong. Economists fret about secular stagnation, debt hangovers and whether demography explains sluggish growth. In American boardrooms, meanwhile,...

Learn More
Placeholder image

In the News

Is Corporate Short-Termism Really a Problem? The Jury’s Still Out

16 February 2017 - If they do, as many CEOs believe, this is a serious indictment of current corporate governance arrangements and has important policy implications. To take one close to my heart, if short-termism causes underinvestment, it will...

Learn More
Placeholder image

In the News

Long-Term Thinking is Best, New Study Shows

8 February 2017 - Does pressure to deliver short-term earnings undermine the long-term performance of U.S. companies? That’s been a hotly-debated issue in corporate America for a long time. (I remember the day in the 1980s when the late Senator...

Learn More
Placeholder image

In the News

McKinsey Study: Companies Focused on the Short-Term Lag Peers, Drag Down GDP

8 February 2017 - On the day of the first-ever board meeting of FCLT Global, chair Mark Wiseman made the nonprofit’s position clear: “Each and every day that a short-term decision is made, we are destroying value.” Four months later,...

Learn More
Placeholder image

In the News

Long March

8 February 2017 - ...

Learn More