Corporate and Union leaders issues report focusing on the importance of long-term growth
Among the conversations here have been a critique of the short-term thinking of corporations. It is no secret that a great deal of external pressure is placed on publicly traded organizations to maximize growth, especially in the short term. This methodology narrows the focus of CEO's and contributes to the perception that things like "the environment" or a "sustainable and well-trained workforce" are mere externalities.
A few weeks ago, the front page of the Financial Times, featured a report issued by the Aspen Institute's Business and Society Program. This initiative brought such varied interests as the AFL-CIO, Pfizer, Inc. and Council of Institutional Investors - to begin shifting investors away from quarterly earnings, and ...
