Not exact matches
Low rates discourage banks from providing longer
term financing to new businesses, but low rates provide cheap capital for Wall Street traders, private equity and activist investors who buy companies,
strip assets and flip investments quickly.
Following Sir George Cox's review on short - termism, we will change takeover rules, and corporate incentives and reform our tax system to stop short -
term asset -
stripping and support long -
term investment.
Where all of my comments on this piece have come from is an annoyance at how people bandy round
terms like «
asset stripping» without understanding what's involved.
Slater also popularized the technique known as «
asset stripping,» referring to the acquisition and subsequent disposal of company
assets, a practice that many viewed as unnecessarily or overly harsh in
terms of costs to company employees.