Capital Problem

Capital Problem

Michael E. Porter, in Harvard Business Review
(Sept.-Oct. 19921, Boston, Mass. 02163.
Critics of America's economic performance Porter, who directed an extensive research have been saying for years that US. business is project sponsored the Council on Competi- too oriented toward the short term. Harvard's tiveness and the Harvard Business School,
WQ WINTER 1993 139
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agrees and thinks he can explain the myopia.
The problem stems partly from the fact that publicly traded U.S. firms...

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