Conference on Long-Term Investing

Cynthia Williams of the University of Illinois College of Law has organized what looks like an excellent conference this week on the impact of short-term pressures on capital markets and corporate governance, with many heavyweight presenters.  Full info on the conference is here.

I am re-posting their background reading links here:

• The New York Sun: "Is It   Time To Ban Earnings Guidance?"
• The McKinsey Quarterly: "How to Escape the Short-Term Trap"
• Financial Times: "Activism is good for all shareholders"
• Michael Jensen: "Agency Costs of Overvalued Equity"

Thanks to Michael Kane for the heads-up.