| LDR | | 04330cam a2200637 i 4500 |
| 001 | | 000000480303 |
| 005 | | 20230210094520 |
| 006 | | m d |
| 007 | | cr cnu|||unuuu |
| 008 | | 220228t20222022nyu ob 001 0 eng d |
| 020 | |
▼a 9780197625644
▼q (electronic bk.) |
| 020 | |
▼a 0197625649
▼q (electronic bk.) |
| 020 | |
▼a 9780197625651
▼q (ebook) |
| 020 | |
▼a 0197625657
▼q (ebook) |
| 020 | |
▼z 9780197625620 |
| 035 | |
▼a 3151434
▼b (N$T) |
| 035 | |
▼a (OCoLC)1300228988 |
| 040 | |
▼a N$T
▼b eng
▼e rda
▼e pn
▼c N$T
▼d N$T
▼d OCLCO
▼d OCLCF
▼d OH1
▼d OCLCO
▼d AFU
▼d UBY
▼d UKAHL
▼d IUL
▼d 247004 |
| 043 | |
▼a n-us--- |
| 050 | 4 |
▼a HG4551
▼b .R64 2022 |
| 082 | 04 |
▼a 332.64/2
▼2 23 |
| 100 | 1 |
▼a Roe, Mark J.,
▼d 1951-
▼e author. |
| 245 | 10 |
▼a Missing the target :
▼b why stock-market short-termism is not the problem/
▼c Mark J. Roe. |
| 264 | 1 |
▼a New York, NY :
▼b Oxford University Press,
▼c [2022] |
| 264 | 4 |
▼c 짤2022 |
| 300 | |
▼a 1 online resource. |
| 336 | |
▼a text
▼b txt
▼2 rdacontent |
| 337 | |
▼a computer
▼b c
▼2 rdamedia |
| 338 | |
▼a online resource
▼b cr
▼2 rdacarrier |
| 504 | |
▼a Includes bibliographical references and index. |
| 520 | |
▼a Stock-market-driven short-termism is crippling the US economy, according to legal, judicial, and media thinking. Firms forgo the R&D they need, cut capital spending, and buy back their own stock so feverishly that they starve themselves of cash. The stock market is the primary cause: directors and managers cannot manage for the long-term when their shareholders furiously trade their companies' stocks, they cannot invest enough when stockholders demand rising quarterly profits, they must slash R&D when investors demand that precious cash be used to buy back stock, and they cannot even strategize about the long-term when shareholder activists demand immediate results. The stock market's short-termism is also blamed for environmental degradation, for contributing to global warming, and for employee mistreatment. This book shows, however, that the purported ills emanating from stock-market short-termism are either not shown, likely to minor, demonstrably false, or due to other pernicious economic causes. The social costs attributed to corporate short-termsim - environmental degradation, mistreatment of stakeholders, riaking climate catastrophe - emanate more from selfishness than from distorted time horizons, as we shall see. Moreover, public and policymaker obsession with stock-market short-termism as upsetting the economy and settled arrangements is explained more by dissatisfaction with the rapidity of technological change, the increasing uncertainty and instability of the workplace, and a dissatisfaction with overall economic arrangements. Lawmakers and pundits can readily miss more likely causes of the underlying issues - like how best to push forward US R&D - by mistakenly aiming at stock-market short-termism. After considering what the evidence tells us, we consider what political and social reasons could explain the issue's prominence. |
| 588 | 0 |
▼a Online resource; title from home page (viewed on January 6, 2023). |
| 590 | |
▼a WorldCat record variable field(s) change: 050 |
| 650 | 0 |
▼a Stock exchanges
▼z United States. |
| 650 | 0 |
▼a Stock exchanges
▼x Data processing. |
| 650 | 0 |
▼a Stocks
▼z United States. |
| 650 | 0 |
▼a Speculation. |
| 650 | 6 |
▼a Actions (Titres de socie?te?)
▼z E?tats-Unis. |
| 650 | 6 |
▼a Spe?culation. |
| 650 | 7 |
▼a speculating.
▼2 aat |
| 650 | 7 |
▼a Economic history.
▼2 fast
▼0 (OCoLC)fst00901974 |
| 650 | 7 |
▼a Speculation.
▼2 fast
▼0 (OCoLC)fst01129139 |
| 650 | 7 |
▼a Stock exchanges.
▼2 fast
▼0 (OCoLC)fst01133564 |
| 650 | 7 |
▼a Stock exchanges
▼x Data processing.
▼2 fast
▼0 (OCoLC)fst01133570 |
| 650 | 7 |
▼a Stocks.
▼2 fast
▼0 (OCoLC)fst01133704 |
| 651 | 0 |
▼a United States
▼x Economic conditions. |
| 651 | 6 |
▼a E?tats-Unis
▼x Conditions e?conomiques. |
| 651 | 7 |
▼a United States.
▼2 fast
▼0 (OCoLC)fst01204155 |
| 655 | 0 |
▼a Electronic books. |
| 655 | 4 |
▼a Electronic books. |
| 776 | 08 |
▼i Print version:
▼a Roe, Mark J., 1951-
▼t Missing the target.
▼d New York, NY : Oxford University Press, [2022]
▼z 9780197625620
▼w (OCoLC)1281135014 |
| 856 | 40 |
▼3 EBSCOhost
▼u https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=3151434 |
| 938 | |
▼a EBSCOhost
▼b EBSC
▼n 3151434 |
| 990 | |
▼a ***1818828 |
| 991 | |
▼a E-BOOK |
| 994 | |
▼a 92
▼b N$T |