Suchergebnisse

What is an optimal investment time horizon—for institutions, individual shareholders and corporations? This question can evoke emotional, ideological, and theoretical responses. The answers usually deeply entrenched debates over the fundamental roles of markets versus regulation and between the appropriate loci of corporate power: the board of directors versus the shareholders. Too long-term and it is myopia; too near-term and is it short-termism. Neither label is inconsequential, so the debates are not tepid, academic, or marginal.

AbstractFighting the last war lays out the contours of a theoretical framework that explains U.S. presidential decisions to cut losses or double down on major post‐Vietnam military conflicts. The archival sources and principal interviews give readers an insider's look into presidents' conflict decision making. The article explains how the Vietnam War catastrophe shaped Presidents Reagan and Clinton's attempts to avoid a similar quagmire in Lebanon in 1983–1984 and Somalia in 1993, respectively. It then shows how new lessons from 9/11 and beyond shaped Presidents Bush and Obama's decisions to surge troops and employ counterinsurgency strategies in Iraq (2007) and Afghanistan (2009). While Vietnam‐era lessons remained important to all these presidents, pre‐9/11 they believed entrapment risks from incremental escalation were worse than de‐escalation risks. After 9/11, the logic flipped.

Volltext // 2010 digitalisiert von: Bayerische Staatsbibliothek, München. Exemplar mit der Signatur: München, Bayerische Staatsbibliothek -- Bavar. 418 c-20

Volltext // 2010 digitalisiert von: Bayerische Staatsbibliothek, München. Exemplar mit der Signatur: München, Bayerische Staatsbibliothek -- Bavar. 4575 k-20

Volltext // 2011 digitalisiert von: Bayerische Staatsbibliothek, München. Exemplar mit der Signatur: München, Bayerische Staatsbibliothek -- 4 Mil.g. 110 ob-20

Volltext // 2011 digitalisiert von: Bayerische Staatsbibliothek, München. Exemplar mit der Signatur: München, Bayerische Staatsbibliothek -- H.misc. 49 u-20