Good morning. Thank you, Mark, for your kind invitation to speak with you all today – and congratulations on the 25th anniversary of this conference. I am deeply honored to be giving the Scott Friestad Memorial Keynote address, particularly
The Role of Controlling Shareholders Is Missing from the Debate over Short-Termism
The debate over short-term thinking at corporations has so far focused largely on companies in the U.S. and the UK. The fact that controlling shareholders are less common in those countries than in many others may explain why the extensive …