Prof. Mark J. Roe, Harvard Law School, on Why Stock Market Short-Termism Is Not the Problem
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Description
Is market-driven short termism a convenient scapegoat? Jason Mitchell talks to Professor Mark J. Roe, Harvard Law School, about why short-termism may not be the problem it’s purported to be, how the narrative around short-termism has evolved over the past 30 years, and the potential policy solutions. Biography Mark J. Roe is a professor at Harvard Law School, where he teaches corporate law and corporate bankruptcy. He is the author of Missing the Target: Why Stock Market Short-Termism Is Not the Problem (Oxford, 2022), and one of the most prominent voices in the short-termism debate. He’s also author of Strong Managers, Weak Owners: The Political Roots of American Corporate Finance (Princeton, 1994), Political Determinants of Corporate Governance (Oxford, 2003) and Bankruptcy and Corporate Reorganization (Foundation, 2014). Learn more about your ad choices. Visit megaphone.fm/adchoices
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