In this book Michael Jacobs takes a hard look at why so few American businesses are managed for the long term and why so many shareholders and lenders have abandoned the virtue of patient capital. He describes practices and regulations that pit owners and managers of America's corporations against each other, often at the expense of their mutual long-term prosperity. Jacobs offers provocative proposals to reform investment practices, corporate governance mechanisms, executive compensation plans, and banking regulations that have brought about the short-termism eroding US competitiveness and creating distant, if not adversarial relationships between capital providers and corporations.
ThriftBooks sells millions of used books at the lowest everyday prices. We personally assess every book's quality and offer rare, out-of-print treasures. We deliver the joy of reading in recyclable packaging with free standard shipping on US orders over $15. ThriftBooks.com. Read more. Spend less.