Short-termism as defined for the purposes of this paper is the excessive focus on short-term performance, earnings and other metrics at the expense of attention being given to the development of a long-term strategy that promotes sustainable long-term value creation....
this bias surfaces as short-sighted decisions. And on slow-burning problems like climate change, it translates into the unwillingness to make small sacrifices (牺牲) today that could make a major difference tomorrow. Instead, all that matters is next quarter’s profit, or satisfying some other ...