Language:
English
Pages:
1 online resource (vi, 134 p.)
Edition:
1st ed.
Additional Information:
Rezensiert in Schrempf-Stirling, Judith The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public, by Lynn A. Stout (San Francisco: Berrett-Koehler Publishers, Inc., 2012). Paperback, 120 pp., 16.95. ISBN: 978-1-6050-9813-5 2013
Parallel Title:
Erscheint auch als
DDC:
658.155
Keywords:
Stockholders
;
Corporate governance
;
Corporations ; Investor relations
;
Corporations ; Valuation
;
Electronic books
;
Electronic books ; local
Abstract:
"Shareholder value is the dumbest idea in the world." -Jack Welch Executives, investors, and the business press routinely chant the mantra that corporations are required to "maximize shareholder value." In this pathbreaking book, renowned corporate expert Lynn Stout debunks the myth that corporate law mandates shareholder primacy. Stout shows how shareholder value thinking endangers not only investors but the rest of us as well, leading managers to focus myopically on short-term earnings; discouraging investment and innovation; harming employees, customers, and communities; and causing companies to indulge in reckless, sociopathic, and irresponsible behaviors. And she looks at new models of corporate purpose that better serve the needs of investors, corporations, and society.
Note:
Includes bibliographical references and index. - Description based on print version record
URL:
https://learning.oreilly.com/library/view/-/9781605098135/?ar
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