Network for Sustainable Financial Markets

NSFM participant, Ed Waitzer, has published “Defeating Short-Termism, Why Pension Funds Must Lead,” in the Fall 2009 Issue of the Rotman International Journal of Pension Management.  He argues that one of the lessons from the recent market crisis is the interconnected nature of the challenges we face, and that we can no longer afford myopic responses. This [...]

The Aspen Institute Business and Society Program published a new report on Overcoming Short-Termism yesterday.  It asks a fundamental question: How can the systemic influences towards short-termism among corporate managers, boards, investment advisers, providers of capital and government regulation be overcome?  This Report puts forward suggestions for new public policies in three areas: market incentives, to encourage more patient capital; fiduciary [...]