Short-Termism on the Capital Market – Motives and Implications Cover Image

Zjawisko krótkookresowości na rynku kapitałowym – motywy i implikacje
Short-Termism on the Capital Market – Motives and Implications

Author(s): Agnieszka Majewska
Subject(s): Financial Markets
Published by: Wydawnictwo Naukowe Uniwersytetu Marii Curie-Sklodowskiej
Keywords: krótkookresowość; struktura akcjonariatu; krótkookresowy zysk;

Summary/Abstract: The main goal of the article is to focus an attention on the activities leading to the excessive investors’ concentration on the short-term benefits and on the evaluation of such activities in the next step. Such practices are particularly visible in the case of public companies and investments on the capital market. The factors that contributed to short-termism are described on the base of the literature review. They are as follow: reduced trading times, increasing role of institutional investors and shortened CEOs tenure. A number of studies shows that should be a balance between short-, medium- and long-term goals

  • Issue Year: XLIX/2015
  • Issue No: 4
  • Page Range: 355-366
  • Page Count: 12
  • Language: Polish