I agree with that shareholders of the company want managers to focus on long-term budgets.

For managers, they pay more attention to the performance of the company's short-term operation and management. But for shareholders, short-term goals may limit corporate growth and lead to short-term behavior in business operations, which is not conducive to maximizing corporate value.

The advantages of focusing on a long-term budget can be reflected in the following areas:

1From the perspective of company management, the long-term budget is more conducive to the implementation of the plan and the rational allocation of resources.

2Paying attention to the long-term budget also means focusing on the future profitability of the enterprise, which is helpful to the long-term development of the enterprise.

3Since the long-term budget is an estimate of the company's income, costs and expenses for a long period in the future. It requires managers to consider more comprehensively, which can achieve the best long-term interests of the company.

To argue with this statement. what is benefit of short-term budgeting ?