Short-term Results

“Today’s corporate culture and CEOs increasingly encourage nearly any behavior that produces short-term results, supposedly satisfying shareholders and boosting the stock price in the process. This short-termism is the very root of the problem, causing the end of ethics as we know it. It is a mania and a mantra. Leaders focus on results now, without regards to the consequences and any lingering ethical qualms. CEOs ignore “how they got here” and, instead, focus on short-term performance and reward, concentrating solely on this quarter, not the next ten.”

The End of Ethics and A Way Back: How To Fix A Fundamentally Broken Global Financial System by Theodore Roosevelt Malloch, Jordan D. Mamorsky

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