Finally, Proof That Managing for the Long Term Pays Off
Harvard Business Review
FEBRUARY 7, 2017
Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. From 2007 to 2014, their R&D spending grew at an annualized rate of 8.5%, greater than the 3.7%
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