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Are U.S. Companies Too Short-Term Oriented? Some Thoughts

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NBER2017-06-01 更新2025-01-04 收录
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U.S. companies are often criticized for being overly short-term oriented. This paper documents that those criticisms have a long history, going back at least thirty-five years. The paper then considers the implications of sustained short-termism for corporate profits, venture capital investments and

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2017-06-01
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