Faculty News | HBR Blogs | 01 Dec 2011
Beware of Short-term Management, Not the Short-term Investor
by Ananth Raman
Much has been made in recent years about the pernicious influence of short-term investors on corporate performance. I believe these arguments often miss a nuance: It is not the short-term investor but short-term management that is the problem. The short-term investor does not reduce the firm's long-term competitiveness and value;short-term management does.

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