Resources
We conduct original research on the causes of short-term business decisions and work to find practical solutions.
Climate | In the News
15 March 2021 - Distant emissions pledges will ring hollow unless boards are held to account for progress now.
Governance | Podcast
8 March 2021 - Theresa Whitmarsh, head of Washington's state investment board, joins the show to discuss how long-term investing is ingrained into the organization's approach and the long-term impact of COVID-19 on capital markets.
Incentive Alignment | Report
8 March 2021 - The Risk of Rewards presents practical approaches that companies and their investors can use to frame their decisions about corporate executive remuneration to support long-term value creation
Governance, Incentive Alignment | Toolkit
8 March 2021 - These tools empower companies to tailor long-term remuneration by replacing some elements now, reflecting on their long-term needs, and finally by using key decisions to redesign pay packages
Governance | Video
5 March 2021 - The Denny Center for Democratic Capitalism at Georgetown Law held a virtual conversation with the authors of our recent report, Corporate Long-term Behaviors: How CEOs and Boards Drive Long-term Value
Risk and Resilience | Video
4 March 2021 - Forthcoming research examines societal income distribution in the statistical sense – such as its volatility, skewness, and kurtosis – and relates it to the macro risk distribution faced by investors. This analysis tests the hypothesis that investors’ efforts to reduce volatility reallocates it to individuals in the form of income volatility, and raises the question - Are investors’ risk management practices contributing to inequality?
Risk and Resilience | Article
4 March 2021 - By Ariel Babcock There is ample evidence that taking a long-term approach delivers superior value for companies over time. From 2001 to 2014, the revenue of long-term firms cumulatively grew, on average, 47 percent more than the revenue of other firms, with less volatility, and added nearly 12,000 more jobs on average than other firms over that same timeframe. Long-term-oriented companies bounce back quicker from a downturn and create 9 percent more return on their invested capital, too. Despite the many benefits of taking a longer-term approach...
Climate | Article
2 March 2021 - Focusing capital on long-term climate solutions via investment portfolio construction
Climate | Article
25 February 2021 - Evaluating whether market reactions reflect the value of a corporate net-zero commitment in the short, medium, and long term
Article
24 February 2021 - Retirement is one of the key long-term financial compacts we make as a society. It requires coordination among three major groups of stakeholders – governments, businesses, and individual savers – and a dedication to a true long-horizon perspective, saving for a future that is often decades away.
