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Stock Market Short-Termism

Law, Regulation, and Reform

  • Kim M. ¬†Willey
Book

Table of contents

  1. Front Matter
    Pages i-xxi
  2. Kim M. Willey
    Pages 1-20
  3. Kim M. Willey
    Pages 21-44
  4. Kim M. Willey
    Pages 45-70
  5. Kim M. Willey
    Pages 129-154
  6. Kim M. Willey
    Pages 155-193
  7. Kim M. Willey
    Pages 195-222
  8. Kim M. Willey
    Pages 223-264
  9. Kim M. Willey
    Pages 265-268
  10. Back Matter
    Pages 269-288

About this book

Introduction

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.

Kim M. Willey is a corporate mergers and acquisitions lawyer with 15+ years of experience advising boards of directors and senior executives of listed companies, including companies listed on the New York Stock Exchange, the London Stock Exchange, and the Toronto Stock Exchange. She currently advises as a corporate legal consultant, and teaches Business Associations at the Faculty of Law, University of Victoria, Canada.

Keywords

Global Financial Crisis Short-term Financial Objectives Short-Termism Corporate Governance Corporate Boards Capital Market Regulation Equity Market Stock Market Investing Equity Security Financial Intermediation Chain

Authors and affiliations

  • Kim M. ¬†Willey
    • 1
  1. 1.Faculty of LawUniversity of VictoriaVictoriaCanada

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-030-22903-0
  • Copyright Information The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2019
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-030-22902-3
  • Online ISBN 978-3-030-22903-0
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking