The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public
Lynn A. StoutExecutives, 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.
Thể loại:
Năm:
2012
In lần thứ:
1
Nhà xuát bản:
Berrett-Koehler Publishers
Ngôn ngữ:
english
Trang:
145
ISBN 10:
1605098167
ISBN 13:
9781605098166
File:
PDF, 750 KB
IPFS:
,
english, 2012