Short-Term America: The Causes and Cures of Our Business Myopia - Hardcover
Americans have a growing conviction that we are losing economic ground to rivals in Europe and Asia. From store shelves to parking lots, the evidence of this competitive decline is abundantly visible. Less apparent are the causes and cures. While pundits point to everything from inadequate public schools to drug abuse as sources of our economic malaise, savvy business practitioners and thoughtful scholars concur that short-term thinking and short-sighted behavior by both corporate managers and investors are at the heart of the problem. In this important book, Michael Jacobs takes a hard look at corporate America and discovers why so few American businesses are managed for the long-term and why so many shareholders have abandoned the virtue of patient capital. He describes attitudes and practices that pit owners and managers of America's corporations against each other, often at the expense of their long-term mutual prosperity, and offers practical measures for curing the problem.
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- PublisherHarvard Business School Press
- ISBN 10 0071033106
- ISBN 13 9780071033107
- BindingHardcover
- Edition number1
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