Shareholder Value Myth How Putting Shareholders First Harms Investors, Corporations, and the Public

Name: Shareholder Value Myth How Putting Shareholders First Harms Investors, Corporations, and the Public
Price: 4.32 USD
Availability: InStock
ISBN: 9781605098135

ISBN-10: 1605098132

ISBN-13: 9781605098135

Edition: 2012

Authors: Lynn Stout

List price: $14.99

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Description:

Executives, investors, and the business press routinely chant the mantra that corporations are “owned by shareholders” and managers are obliged to “maximize shareholder value.” The results have been disastrous. “Shareholder primacy” thinking causes corporate managers to focus myopically on short-term earnings reports at the expense of long-term performance; discourages investment and innovation; harms employees, customers, and communities; and causes companies to indulge in reckless, sociopathic, and socially irresponsible behaviors.In this powerful new book, distinguished legal scholar Lynn Stout proves that there is in fact absolutely no legal obligation for corporations to maximize…

Book details

List price: $14.99
Copyright year: 2012
Publisher: Berrett-Koehler Publishers, Incorporated
Publication date: 6/1/2012
Binding: Paperback
Pages: 144
Size: 5.50" wide x 8.50" long x 0.75" tall
Weight: 0.440
Language: English

Richard Hall is Chairman of RH&A and Showcase Presentations Limited. He has written four books for Pearson, including Brilliant Presentation, Brilliant Business Creativity and The Secrets of Success at Work. His background is in marketing and advertising and he now specialises in executive mentoring, team building and strategic consulting.






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