Clinton to urge corporations to break free from 'tyranny' of earnings reports

Economic Indicators Associated Press

Hillary Rodham Clinton is unveiling a series of proposals to shift the mindset of corporate America from "quarterly capitalism" to a more long-term approach to the economy.

Continue Reading Below

Clinton aims to hike capital gains taxes, review executive compensation rules and warn that shareholder activism can sometimes go too far.

Clinton's campaign says the Democratic presidential candidate will urge U.S. companies to break free from what she calls the "tyranny of today's earnings report" in order to drive higher income growth for everyday Americans.

Her speech at New York University's Stern School of Business will address the perils of "short-termism" that have led to large corporate stock buybacks and less spending on new plants and equipment.