WORLD NEWS & ANALYSIS
Shareholder Value: Contradictions Galore!
NEW YORK Fact or fiction: Aerospace executives, motivated by Wall Street’s quarterly earnings expectations, think it’s better to strive for near-term profit growth than invest for greater expected returns in three years. It might surprise many industry observers to learn that, in fact, most aerospace executives believe investing for a greater expected return in the longer-term is better, even if it means accepting lower profits in the near future.
By ANTHONY L. VELOCCI6 min