{"product_id":"saving-capitalism-from-short-termism-how-to-build-long-term-value-and-take-back-our-financial-future-9780071736367","title":"Saving Capitalism from Short-Termism: How to Build Long-Term Value and Take Back Our Financial Future","description":"\u003cp\u003e\u003cb\u003eConquering the obession with short-term profits is critical to the future of business, society, and capitalism itself--Alfred Rappaport presents a game plan every business leader should read\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\"As Rappaport keeps on speaking out for the realities surrounding investment and speculation, our society will profit as it builds on his keen insights.\"\u003cbr\u003e \u003cb\u003eJohn C. Bogle, founder of The Vanguard Group (from the Foreword)\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eAbout the Book: \u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eAlfred Rappaport, who first introduced the principles and practical application of \"shareholder value\" in his groundbreaking 1986 classic \u003ci\u003eCreating Shareholder Value\u003c\/i\u003e, reiterated the basic message in his 2006 \u003ci\u003eHarvard Business Review article: Focusing on Wall Street\u003c\/i\u003e quarterly earnings expectations rather than on creating long-term value is an invitation to disaster. \u003c\/p\u003e\u003cp\u003eRappaport shows how deeply flawed short-term performance incentives for corporate and investment managers were an essential cause of the recent global financial crisis. In \u003ci\u003eSaving Capitalism from Short-Termism\u003c\/i\u003e, Rappaport examines the causes and consequences of \"short-termism\" and offers specific recommendations for how publicly traded companies and the investment management community can overcome it. \u003c\/p\u003e\u003cp\u003eWhether you're a corporate manager, money manager, public policymaker, business-school student, or simply concerned about your financial future, \u003ci\u003eSaving Capitalism from Short-Termism\u003c\/i\u003e provides valuable insights and practical ideas to change the course of your organization --and contribute to a healthier economy that benefits all.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eAlfred Rappaport\u003c\/b\u003e is the Leonard Spacek Professor Emeritus at Northwestern University's J. L. Kellogg Graduate School of Management. He is the author of the business classic \u003ci\u003eCreating Shareholder Value\u003c\/i\u003e and coauthor with Michael Mauboussin of Expectations Investing. Rappaport has been a guest columnist for \u003ci\u003eThe Wall Street Journal\u003c\/i\u003e, \u003ci\u003eThe New York Times\u003c\/i\u003e, \u003ci\u003eFortune\u003c\/i\u003e, and \u003ci\u003eBusinessWeek\u003c\/i\u003e. He created the \u003ci\u003eWall Street Journal Shareholder Scoreboard\u003c\/i\u003e, an annual ranking by total shareholder returns of the 1,000 most valuable U.S. corporations, published annually from 1995 to 2008.\u003c\/p\u003e\u003cbr\u003e","brand":"McGraw-Hill Companies","offers":[{"title":"Default Title","offer_id":50318060126482,"sku":"9780071736367","price":25.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_412e6933-1087-4e52-9cf4-b7abe0fe57cd.jpg?v=1727546944","url":"https:\/\/surprise-castle.myshopify.com\/products\/saving-capitalism-from-short-termism-how-to-build-long-term-value-and-take-back-our-financial-future-9780071736367","provider":"Surprise Castle","version":"1.0","type":"link"}