kaal:claim:3808859-003

Firms that fare worst under disruptive innovation share a myopic short-term focus on shareholder value maximization, because emphasis on share price and financial metrics obscures the question of whether the firm remains relevant.

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 – Why We Need Technology Infrastructure Upgrades (2021), I. Introduction, p. 6
https://ssrn.com/abstract=3808859 · source PDF

Wulf A. Kaal, Decentralization – Why We Need Technology Infrastructure Upgrades (2021). SSRN: https://ssrn.com/abstract=3808859

• listed companies in particular

failuresupport: arguedfailure: short-termism obscures relevancyfamily: short-termismcorporate-governancerisk-and-incentivesgovernance-design

• restates kaal:claim:3411897-013 Less successful companies share a myopic short term focus on shareholder value maximization, which produces an...
• restates kaal:claim:2922176-004 A focus on quarterly earnings and short-term stock price performance distracts an organization from identifyin...
• supports kaal:claim:2922176-007 Reforms that increase executive accountability to shareholders and increase shareholder control over executive...

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