Originally Posted by
buddies8
The problem with wall street they say they like long term planning but in reality all they care is for management to make the short term numbers at any cost.
In fairness, there was a hue and cry that execs at poorly performing companies were being overpaid and a movement to cap the fixed portion of exec salaries and incentivize them through bonuses linked to share price each quarter.
If you don’t want short term thinking you probably shouldn’t incentivize short term thinking.