What Has Been Done to Correct Short-Termism?

  • Kim M. Willey


This chapter examines the most significant regulatory and financial industry reforms proposed or implemented to date that are meant to address the short-termism problem. These reforms are categorized into asset owner, intermediary and company manager reforms on the basis that each of these groups serves a distinct role within stock markets, and shirt-termism manifests differently in each role. The results of this analysis indicate that despite the significant discussion and many proposals, the actual output of short-termism-driven reform in all jurisdictions surveyed has been relatively modest, and of the implemented reforms, many are ‘light’ touch.


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Copyright information

© The Author(s) 2019

Authors and Affiliations

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

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