The Aspen Institute Statement: “Overcoming Short-termism”

September 9, 2009

The Aspen Institute recently released a statement calling for a more thoughtful approach to government policy and incentives, business management and investor decisions.  The statement addresses the need for investors and business management to pursue long-term corporate growth and sets out voluntary steps that can be taken to overcome the focus on short-term goals, which has had such a detrimental effect on the economy. We are pleased to share this statement, which was drafted by a coalition of concerned individuals and advisory board members of the Aspen Institute Business & Society Program and its Corporate Values Strategy Group. Gibson Dunn partner John F. Olson is a member of the statement’s drafting committee.

Overcoming Short-termism:  A Call for a More Responsible Approach to Investment and Business Management  (Press Release and Statement)

Reprinted with permission, © 2009, The Aspen Institute

Gibson, Dunn & Crutcher LLP

Gibson, Dunn & Crutcher lawyers are available to assist in addressing any questions you may have regarding these issues.  Please contact the Gibson Dunn attorney with whom you work or John F. Olson (202-955-8522, [email protected]) in the firm’s Washington, D.C. office.

© 2009 Gibson, Dunn & Crutcher LLP 

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