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by WalterBright
3917 days ago
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The article also says: "a 2014 study of companies that cut R. & D. spending in order to meet short-term earnings goals found that their stocks underperformed after earnings had been announced—hardly what you’d expect if the market cared only about the short term." meaning the market is not being fooled, and therefore executive compensation based on market value is not driving short term thinking. |
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