
Managers of public companies are under constant pressure to meet quarterly guidance and maximize profits, often at the expense of future profitability. Those pressures--driven by activist hedge funds, executive compensation design, quarterly capitalism, and changes in capital markets--are likely to increase in the next 10 to 15 years. Business leaders should review their companies' governance structures to see whether they should make modifications that could better serve long-term prospects. This report recommends actions they may want to consider, including governance changes that public companies (with investor support) and investors can make and tax changes the government can make.
Page Count:
45
Publication Date:
2015-01-01
ISBN-10:
0823711935
ISBN-13:
9780823711932
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