• Robert Pozen


The Misdirected War on Corporate Short-Termism. Robert Pozen, May 22, 2014 , Opinion. "A clamor is rising against "short termism" -- judging a company by its performance over the past quarter, rather than the past few years. BlackRock CEO Laurence Fink and Delaware Supreme Court Chief Justice Leo Strine, for example, recently joined the Business Roundtable and others in decrying the strong pressures for short-term results exerted by daily stock traders and activist hedge funds. Critics claim that these pressures prevent executives from making long-term investments needed for sustainable corporate growth..." Link