How Incentives for Long-Term Management Backfire
Harvard Business Review
MAY 6, 2016
Why isn’t more of that cash going into developing businesses for long-term gains — the big, outsized gains that come from big bets on the future? This is a classic story of unintended consequences — inadvertently short-circuiting long-term management — to the detriment of companies, investors, and the economy.
Let's personalize your content