Conclusion

Abstract

This Chapter concludes that future short-termism reform should be considered in the context of the dual pathway presented in Chapter 8. This analysis identifies Option (1) of the dual pathway, and in particular the two sub-paths in Option (1), namely Option 1(a)—reducing performance uncertainty, and Option 1(b) ‘improving’ asset owners as discussed in Chapter 8, as the methods which employ a ‘light’ touch approach. This Chapter concludes that this ‘light’ touch approach guided by policymakers and implemented and supported by the financial industry may be the most effective means of ‘nudging’ capital markets away from their current short-term focus.