We have deliberately sought longer-term shareholders".
Analysts believe Global will find some of GCap's longer-term shareholders such as DMGT - whose finance director Peter Williams sits on the GCap board - tough to dislodge.
"Abenomics", Mr Abe's package of easy money, fiscal stimulus and structural reform, has sent the stockmarket soaring.It is unclear, however, how selling some of Sony's best-performing businesses (which include the James Bond films) would help the firm and its longer-term shareholders.
As for fears that the interests of short-term investors may conflict with those of longer-term shareholders, the great thing about elections is that if the majority do not like the slate of candidates offered by the insurgents, they don't have to vote for them.As The Economist went to press, it was unclear if Mr Dodd's amendment would succeed.
Columbia, along with studies at other institutions, is trying to learn what motivates short-term investing, why the longer-term shareholders are so often silent and why the investment chain either through apathy or the wrong incentives, has created the world of short-term investing in which we live.
Claude Bébéar, for example, the head of Axa, a giant French insurance firm, has suggested in a recent book, "Ils Vont Tuer le Capitalisme" (They are going to kill capitalism), that not only should voting by shareholders be compulsory but also that companies should be allowed to give longer-term shareholders more voting power and/or higher dividends.
In the longer term, its shareholders will be hoping for more evidence of BP's failings.
Nonetheless, he says, this could be a threat to the exchanges in the longer term.For now, the exchanges' shareholders are much happier than users.
Most acquisitions destroy value for shareholders over the longer term.
Those bets, it turns out, did terrible damage in the longer term, to the firms and their shareholders as well as to the economy as a whole.
