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The Need for Long‐Term Investment in American Corporations

Kenneth M. Davidson

Journal of Business Strategy

ISSN: 0275-6668

Article publication date: 1 February 1993

77

Abstract

Contrary to the conventional wisdom, it's not fluctuations in the stock market that have put the American economy in jeopardy. It's the fact that American firms persist in pursuing short‐term profits and high stock prices.

Citation

Davidson, K.M. (1993), "The Need for Long‐Term Investment in American Corporations", Journal of Business Strategy, Vol. 14 No. 2, pp. 9-11. https://doi.org/10.1108/eb039539

Publisher

:

MCB UP Ltd

Copyright © 1993, MCB UP Limited

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