Is Corporate Short-Termism Really a Problem? The Jury’s Still Out
Harvard Business
FEBRUARY 16, 2017
It is also the case that the companies generating the highest immediate cash flows, which should be overvalued on the myopia theory, historically have had the highest stock market returns , implying undervaluation rather than overvaluation. McKinsey tries to address this issue by doing comparisons within industries.
Let's personalize your content