Download or read book Short-Term America written by Jacobs and published by . This book was released on 1992-01-01 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Americans have a growing conviction that we are losing economic ground to rivals in Europe & Asia. From store shelves to parking lots, the evidence of this competitive decline is abundantly visible. Less apparent are the causes & cures. While pundits point to everything from inadequate public schools to drug abuse as sources of our economic malaise, savvy business practitioners & thoughtful scholars concur that short-term thinking & short-sighted behavior by both corporate managers & investors are at the heart of the problem. In this important book, Michael Jacobs takes a hard look at corporate America & discovers why so few American businesses are managed for the long-term & why so many shareholders have abandoned the virtue of patient capital. He describes attitudes & practices that pit owners & managers of America's corporations against each other, often at the expense of their long-term mutual prosperity, & offers practical measures for curing the problem.