That might be an indication if management has a short-term or long-term focus.

"It is clear that excessive use of stock options can exacerbate a short-term focus," he said.

And stock options tend to encourage a short-term focus on a company's share price instead of a more long-term strategic vision.

While long-term investors may be fine, those with short-term focus can be devastated.

Thus, many chief executives are expected to develop a short-term focus on lifting their stock prices.

He does not blame mutual and pension fund managers for their short-term focus.

It can be discussed in the short-term focus exclusively on information science.

"Everybody talks about the short-term focus of the equity markets," he said.

Some believe brand managers can be counter-productive, due to their short-term focus.

That has led to a common criticism of their short-term focus.