Stock market short-termism impact
Stock Market Short-Termism’s Impact by Mark J. Roe :: SSRN May 11, 2018 · Abstract. Stock-market-driven short-termism is crippling the American economy, according to legal, judicial, and media analyses. Firms forgo the R&D they need, cut capital spending, and buy back their own stock so feverishly that they starve themselves of cash.