The Need for Long‐Term Investment in American Corporations
Kenneth M. Davidson
(Attorney with the Federal Trade Commission in Washington, D.C.)
77
Abstract
Contrary to the conventional wisdom, it's not fluctuations in the stock market that have put the American economy in jeopardy. It's the fact that American firms persist in pursuing short‐term profits and high stock prices.
Citation
Davidson, K.M. (1993), "The Need for Long‐Term Investment in American Corporations", Journal of Business Strategy, Vol. 14 No. 2, pp. 9-11. https://doi.org/10.1108/eb039539
Publisher
:MCB UP Ltd
Copyright © 1993, MCB UP Limited