Presented by
Patrick Bolton
Barbara and David Zalaznick Professor of Business and Economics, Columbia Business School
Frédéric Samama
Head of the Steering Committee, Sovereign Wealth Fund Research Initiative (SWFRI)
with discussants
Max von Bismarck
Partner & Chief Executive Officer Europe, SkyBridge Capital
William W. Bratton
Deputy Dean and Nicholas F. Gallicchio Professor of Law, University of Pennsylvania" />
Long-Term Investing: An Optimal Strategy in Short-Term Oriented Markets
December 3, 2012
Long-Term Investing: An Optimal Strategy in Short-Term Oriented Markets
Paper Presentation IV: “Loyalty Shares: How to Reward Long Term Investors,” (Bolton & Samama, 2012)
- Patrick Bolton, Barbara and David Zalaznick Professor of Business, Finance and Economics, Columbia Business School
- Frédéric Samama, Head of the Steering Committee, Sovereign Wealth Fund Research Initiative (SWFRI)
Discussants:
- William Bratton, Deputy Dean and Nicholas F. Gallicchio Professor of Law, University of Pennsylvania
- Max von Bismarck, Partner and Chief Executive Officer Europe, SkyBridge Capital
Patrick Bolton and Frédéric Samama presented their paper on the issuance of a loyalty warrant as a means of incentivizing long-term investors.
Read the transcript of this event: Bolton, Samama, Bratton, von Bismarck, Loyalty Shares
Part of the Sustainable Investment research initiative.