Playing the Long Game - Imprint Academic

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We obsess about what our politicians are doing, but ignore that our companies are no longer investing, instead they are focusing on next quarter's profits in order to justify ever higher executive compensation. This is in turn accelerating the West’s economic decline versus the East. While the short-term focus of business is becoming widely acknowledged, we are not doing enough to reverse this. Looking at the less known history of companies shows us the choices we can no longer afford to ignore. Some current reforms need to go further and some areas that need reform are currently being ignored. Encouraging our businesses to invest again is one of the most important issues of our time.
Credit: Mark Goyder, Founder Director, Tomorrow's Company

"This is a powerful diagnosis deploying formidable evidence and offering imaginative solutions. Laurie's experience as a sell-side analyst makes this a very authoritative account of short-termism and the damage it is doing."

Credit: Jane Fuller FSIP, Co-director of the Centre for the Study of Financial Innovation and former financial editor at the FT

"You don't have to agree with everything the author says to find this a useful and stimulating review of the 'short-termism' issue that is causing so much angst in political circles. Companies' ownership and purpose, incentives for executives and fund managers, and the way equity research is organised all have an impact on the way our savings are put to work. Most of us are seeking returns that will make a difference to our retirement funds - not a quick turn on the stock market - so this well-written book is timely."

Credit: William Babtie, retired Managing Director, Global Consultants Group, Franklin Templeton

"The role of the corporation in society has taxed succeeding generations. Recently, an emphasis on short-term profitability and incentives has threatened the competitiveness of Western companies and encouraged political attack. This book draws us into a longer-term perspective and should be read by anybody interested in how we improve the effectiveness of our companies and achieve positive endorsements by society."

Sep 20, 2015

http://labourandcapital.blogspot.co.uk/2015/09/playing-long-game.html

Source: Labour and Capital

Credit: Tom Powdrill

"I won't beat around the bush - I like this book, and I say that as someone who has read a fair bit of material on these issues... The book is short and well written, so if you are a newbie to this area you won't find yourself out of your depth, or giving up in the early pages of a monster."
Paperback
- Publication Date: 01 September 2015
- ISBN-13: 9781845408343
- Product Content: Text (eye-readable)
- Extent: Main content page count : 115
- Code: 9781845408343
- Dimensions: 13.5 x 21 x 0.9 cm
- Weight: 200 grams
- Packaging Type: No outer packaging
- List Price: £7.95
- ONIX Version 2.1, Version 3

Details

Title: Playing the Long Game
Subtitle: How to Save the West from Short-Termism
Author: Laurie Fitzjohn-Sykes
Collection: Societas
Language: English
Publisher: Imprint Academic
Imprint: Societas

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Details

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