News Headlines Article

Health Care Reform: A Time for “Long-termism”
The Huffington Post

A 2005 survey of 401 chief financial officers revealed that CFOs of publicly traded firms are routinely willing to sacrifice shareholder value to meet earnings per share (EPS) targets and smooth reported earnings. This includes passing on valuable new projects and scrimping on R&D. According to the study, CFOs of private firms are equally willing to sacrifice long-term value to preserve credit worthiness and to establish a stable track record of earnings for possible future IPOs.

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