Built to Last: Focusing Corporations on Long-Term Performance

Contributing Organization(s): Committee for Economic Development


Author(s)/Creator(s): Committee for Economic Development Research and Policy Committee

Publishing Date: 2007-06-21

Issue Areas: Economic Development

Ownership/Rights Info: Creative Commons Attribution-NonCommercial-NoDerivs 2.5 License.

File info: 52 pages; 1.73 MB file size

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This report addresses the increasingly short-term focus by many business leaders that is damaging the ability of public companies to sustain long-term performance. This trend is hampering growth in the American economy. The report offers recommendations for corporations to improve performance by focusing on long-term goals. "Short-termism" is defined as an undue focus on meeting quarterly forecasts and a lesser emphasis on long-term planning.

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ISBN: 0-87186-184-4

Intended Audience: Policy Professionals; Researchers

Type/Format: Whitepaper

Language code: English

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