Submitted on Sunday 8th December 2013
Published on Tuesday 10th December 2013
Current status: Closed
Closed: Wednesday 10th December 2014
Signatures: 1
Tagged with
Ending Quarterly Capitalism
Quarterly capitalism – a system that drives far too many CEOs, directors, investors, and analysts to focus on short-term performance and return on investment – is on a collision course with reality and should be reformed by the government. In the risk/reward equation that fundamentally drives capitalism, the majority is heedless to the long-term risks of climate change, water scarcity and other game-changing environmental and social threats that will also be financial game changers for the global economy.
A group of top asset managers attending a recent Morgan Stanley sponsored conference were asked about their investment time horizon. Fifty-five percent said a quarter or less; only 20 percent said more than a year and so on. The government needs to hold a review on future of quarterly capitalism.
You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!
52.15.209.178 Sun, 22 Dec 2024 05:13:12 +0000