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

Lynn A. Stout




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 | #191642 in eBooks |  2012-05-07 |  2012-04-06 | File type: PDF

||24 of 25 people found the following review helpful.| If you own stock, invest in companies, or are starting a new business, read this book!|By Mal Warwick|If you so much as skim the business pages in a newspaper, there's little doubt you've heard it said or seen it written that corporate officers and directors are required by law to maximize shareholder value and that they're subject to lawsuits if their decisions favor any oth| |
|“A must-read for managers, directors, and policymakers interested in getting America back in the business of creating real value for the long term.”| —Constance E. Bagley, Professor, Yale School of Management; President, Academy of L

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 innovat...

You can specify the type of files you want, for your device.The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public   |  Lynn A. Stout. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.

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