Executives: don't let a short-term investors about you

Keywords: high tube short-term investors influence enterprise management management

What have you done for who runs the enterprise? this issue can be from a financial, ethical and psychological areas found different answers, but I have to say the problem is very real. Do you know your boss is? what is right and who is responsible?

Business listing Enterprise readers might give a simple answer: shareholders. As a public company's Chief Executive Officer, your responsibility is to manage the funds shareholders, with the aim of growing and making good returns.

However, in the description of today's business and investor relations of the real situation, the answers are simply's a start. International commercial battlefield situation far from that order. From the enterprise perspective, on the actions and results of the request has been started for speed.

Worse, these requirements are determined by the "owner", and they let elusive, impossible to speculate, but mostly anonymous. Chief Executives are sure start feeling (own) is a little like the movie "wild Overlord (Butch Cassidy and the Sundance Kid) two heroes, they constantly ask their own dedicated followers:" this is what? "you want to keep and constructive relations between the shareholders, the difficulty seems to be growing.

Last year, the United Kingdom's most prominent business leaders, in the investor relations society (Investor Relations Society) in a speech delivered in the following expression:

"It seems to me that the stock short press allows analysts concerned (company 's) recent performance, in some cases, they understand our business fundamentals or and previously ... Analysis of research are often more prone to exaggeration, but in the Roadshow will face increasing pressure to push us into hedge funds, rather than the traditional long lines in front of the Fund. ”

"It sounds like some old, but I really would be seen as shareholders shareholders — shareholder is the company's success and future interest in the duration of a three-week more ... I am really worried about is that the company's stock as the hedge fund practice constantly promotion tool — it's like I treat the chips in a casino. ”

The speaker is employers ' organizations United Kingdom industry Federation (CBI), Cadbury history WS (Cadbury Schweppes) Chairman John Sunderland (John Sunderland). Although the Cadbury Chocolate may external hard soft, but the Chairman of the Board is not true. He delivered this speech purposes, not for the formation of good relations with shareholders wish or hope.