2025 Cash Flow Development Productivity 
Harvard Business
MAY 1, 2017
Our models suggest that by 2025 global financial capital could easily surpass a quadrillion dollars, more than 10 times global GDP. Equity cash flows, in turn, are a function of a company’s long-term return on equity (ROE), growth, and the value of shareholders’ equity on its books. times global GDP).
Harvard Business
FEBRUARY 7, 2017
It started with developing a proprietary Corporate Horizon Index. To construct our Corporate Horizon Index, we identified five financial indicators, selected because they matched up with five hypotheses we had developed about the ways in which long- and short-term companies might differ. rate for other companies.
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