Apr 18, 2015

Overcoming corporate short-termism: Blackrock's chairman weighs in - Corporate Governance UK

When the head of the world's largest investment fund raises fundamental questions about U.S. corporations, we should all pay attention. In a letter earlier this week to the Fortune 500 CEOs, BlackRock Chairman Larry Fink criticized the short-term orientation that he believes shapes too much of today's corporate behavior. “It concerns us,” he declared, that “in the wake of the financial crisis...

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