search query: @author Demirag, I. / total: 7
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| Author: | Demirag, I. |
| Title: | Short term performance pressures: is there a consensus view? |
| Journal: | European Journal of Finance
1995 : MAR, VOL. 1:1, p. 41-56 |
| Index terms: | INVESTMENT FINANCIAL INSTITUTIONS MARKET EFFICIENCY |
| Language: | eng |
| Abstract: | Th e manufacturing sector in the UK has been performing rather badly in comparison with its major international competitors. This deterioration in performance can be seen in R&D spending, patenting rates and in market shares, and appears to centre on deficiencies in product innovation. There is general agreement that short-termism is one of the main factors responsible for such poor performance in Britain. Does short-termism arise from pressure in capital markets or is it generated within the firm? |
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