time, it has become clear that the priorities of shareholders are often misaligned with those of the managers, with the …, shareholders should have a direct influence on the compensation paid to executives.To achieve that goal, the policymakers in the …

fabled financial firms to the short-termism phenomenon – investors acting like traders and influencing corporate managers to … managers to resist shareholder pressure toward an excessive and destructive focus on the near-term. In practical terms, this … managers from their independent short-termism and protects them from shareholder pressure to engage in short-termist behavior …