Evolving Corporate Strategies: A Shift from Short-Term Gains to Long-Term Vision

This chapter explores the historical context of the financial system, particularly through the lens of the 2008 financial crisis, and the shift in investment strategies from long-term to short-term focusing due to algorithmic trading and instant information access. It highlights the challenges corporate leaders face in justifying long-term investments and the importance of having supportive stakeholders who prioritize long-term goals. The conversation culminates in discussing the Business Roundtable's shift in corporate governance priorities, advocating for sustainable value and societal responsibility over immediate profits.