Authors:

  • Mark Roe

Excerpt

Apple’s Cash-Flow Problem. Mark Roe, April 18, 2013, Opinion. "I recently examined the problem of corporate short-termism from two nonstandard angles. One was that some short-termism is sensible. Large firms face an increasingly fluid economic, technological, and political environment – owing to more global and competitive markets, to the greater potential of technological change to alter firms’ business environment, and to governments’ growing influence over what makes business sense. In this fluid environment, large companies must be cautious before making large, long-term commitments..." Link verified March 28, 2014