The Aspen Institute recently released a statement calling for a more thoughtful approach to government policy and incentives, business management and investor decisions. The statement addresses the need for investors and business management to pursue long-term corporate growth and sets out voluntary steps that can be taken to overcome the focus on short-term goals, which has had such a detrimental effect on the economy. We are pleased to share this statement, which was drafted by a coalition of concerned individuals and advisory board members of the Aspen Institute Business & Society Program and its Corporate Values Strategy Group. Gibson Dunn partner John F. Olson is a member of the statement’s drafting committee. Overcoming Short-termism: A Call for a More Responsible Approach to Investment and Business Management (Press Release and Statement)
Reprinted with permission, © 2009, The Aspen Institute.