Political short-termism obtains when a politician provides a public good that gives an immediate payoff while it would … two-period political agency model and study whether reelection concern may give rise to political short-termism when … social welfare because of the undisciplining effect on the good politicians. Quite surprisingly, short-termism may however …

successors (fiscal short-termism). An enforcement mechanism relying on governments’ collusion works if the fiscal constraints are … not calibrated for curing fiscal short-termism but only for preventing fiscal free-riding. …

This study tests two opposing views of institutional investors—monitoring versus short-termism. We present evidence … the monitoring theory of institutional investors but not the short-termism theory. Our findings are shown to be robust to …

Purpose - The purpose of this paper is to review proposed methods to reduce corporate short-termism – a private sector …. Design/methodology/approach – This paper identifies five often cited causes of corporate short-termism directly affecting … little attention is being given toward a culture supportive of short-termism, and argues that emphasizing solutions that …