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Thursday, May 23, 2013
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President Cabrera
Ángel Cabrera, Ph.D., President Emeritus of Thunderbird School of Global Management in Glendale, Ariz.

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-- Greg Unruh, Ph.D., Thunderbird professor and director of the school's Lincoln Center for Ethics in Global Management.

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Ángel Cabrera: Global Leaders Can Be Made

Aspen Institute calls for financial long-termism

The Aspen Institute and 28 leaders from business, government and academia, called today “to end the focus on value-destroying short-termism in our financial markets and create public policies that reward long-term value creation for investors and the public good”.

Their proposal advances three mechanisms:

1. Market incentives: encourage more patient capital through tax policy

2. Alignment: better align the interests of financial intermediaries and their ultimate investors

3. Transparency: strengthen investor disclosures

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