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Author:Marston, C.
Craven, B.
Title:A survey of corporate perceptions of short-termism among analysts and fund managers
Journal:European Journal of Finance
1998 : SEP, VOL. 4:3, p. 233-256
Index terms:PERCEPTION
FUNDS
MANAGERS
Language:eng
Abstract:There is a popularly held view that institutional investors and stockbrokers' analysts take a short-term view when making or advising on investment decisions. Short-termism is held to be a particular problem for economies such as the US and the UK which rely heavily on stock exchanges to price securities and help reallocate resources through take-over. This is deemed to be detrimental to long-term corporate development and overall economic growth.
SCIMA record nr: 184212
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