Short-Termism Is Harming the Economy?
I wonder if these two big guys with lots of analytics power at their fingertips have a vested interest in this. I might be wrong but doing something like this might create information asymmetry where one guy knows better than the other where the next numbers are going to land.<p><i>The pressure to meet short-term earnings estimates has contributed to the decline in the number of public companies in America over the past two decades.</i><p>Anyone know paper&#x2F;article which provides evidence for this? My assumption is that the number of public companies is lesser more due to consolidation is various sectors.