kaal:claim:3411897-013

Less successful companies share a myopic short term focus on shareholder value maximization, which produces an unhealthy emphasis on share price, market valuations, and financial metrics that obscure issues of relevancy.

Less successful companies often share a myopic and short-term focus on shareholder value maximization that has led to an unhealthy emphasis on firm share price, market valuations, and financial metrics that obscure issues of relevancy.

Wulf A. Kaal, Decentralization - Past, Present, and Future (2019), Part I: The Past, How We Got This Far, p. 20
https://ssrn.com/abstract=3411897 · source PDF

Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897

• particularly acute for listed companies

failuresupport: arguedfailure: short-termism-obscures-relevancyfamily: short-termismrisk-and-incentivescorporate-governance

• restated_by kaal:claim:3808859-003 Firms that fare worst under disruptive innovation share a myopic short-term focus on shareholder value maximiz...
• restates kaal:claim:2922176-004 A focus on quarterly earnings and short-term stock price performance distracts an organization from identifyin...

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