some executive contend that they need to adopt a short-term orientation given the average holding period for stocks in professionally managed funds nowadays has dropped to less than one year. Thus, there is no need to consider the interest of long-term shareholders since there are none. comment on this reasoning.
some executive contend that they need to adopt a short-term orientation given the average holding period for stocks in professionally managed funds nowadays has dropped to less than one year. Thus, there is no need to consider the interest of long-term shareholders since there are none. comment on this reasoning.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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some executive contend that they need to adopt a short-term orientation given the average holding period for stocks in professionally managed funds nowadays has dropped to less than one year. Thus, there is no need to consider the interest of long-term shareholders since there are none. comment on this reasoning.
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