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The dominance of short-termism is evidenced by the magnitude of institutional stock "renting" for terms of 12 months or less, the volume of high-speed, high-frequency algorithmic short-term trading, the short average tenures of chief executive officers and the dominance of executive compensation tied solely to short-term results.
FORBES: Leadership
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Its partners include Outbox Technology Inc. and Fredric Rosen, a former Ticketmaster chief executive who piloted that company to dominance in the 1980s and 1990s.
WSJ: Promoter Crowds Ticketmaster
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In America over the past decade, the dominance of the chief executive (usually the only executive on the board) has increased, with non-executives providing huge pay and share-option packages as well as their cheers.
ECONOMIST: America has Sarbanes-Oxley. Britain has Derek Higgs