A Critical Look at the Evidence for Short-Termism. Discusses the UK’s low investment and the McKinsey study on the benefits of long-termism. From my response to the Green Paper on Industrial Strategy.
Is Short Termism Really a Problem? Non-technical summary of an article by Steve Kaplan
CEOs Cut Investment to Sell Their Own Shares at High Prices
Share Options: The Law of Unintended Consequences. Economist article on same topic
Against Disclosure. How forcing companies to disclose more can encourage them to be short-termist. New York Times article
Please also visit the LBS Centre for Corporate Governance for key academic studies and practitioner articles on short-termism