Stock Market Short-Termism : Law, Regulation, and Reform

Consideration of harmful short-termism in capital markets is prevalent amongst legal and business academics.

It is also garnering increased attention in corporate board rooms and executive suites, and from the investing public.

As a result, correcting perceived short-termism in capital markets has become a rationale for reform used by regulators across the globe.

Despite the considerable attention given to this phenomenon, there has not yet been a comprehensive book analyzing the perceived short-termism problem, its sources and causes, and reform efforts undertaken to date.

This book fills this gap by documenting the rise of the short-termism discussion, analyzing the significance of the problem, and considering the proposed legal remedies.

Based on this analysis, a framework for effective short-termism reform is offered.