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Paperback The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public Book

ISBN: 1605098132

ISBN13: 9781605098135

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

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Book Overview

"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...

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