The shareholder value myth how putting shareholders first harms investors, corporations, and the public

In this radical debunking of pervasive myths about how corporations and investors behave, UCLA professor and legal celebrity Lynn Stout shows how--contrary to entrenched belief--"shareholder primacy" is not mandated by corporate law and actually harms shareholders themselves

Bibliographic Details
Main Author: Stout, Lynn A.
Format: eBook
Language:English
Published: San Francisco Berrett-Koehler 2012
Edition:1st ed
Series:A BK business book
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
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505 0 |a Introduction: "the dumbest idea in the world" -- The rise of shareholder value thinking -- How shareholder primacy gets corporate law wrong -- How shareholder primacy gets corporate economics wrong -- How shareholder primacy gets the empirical evidence wrong -- Short-term speculators versus long-term investors -- Keeping promises to build successful companies -- Hedge funds versus universal investors -- Making room for shareholder conscience -- Conclusion: "slaves of some defunct economist." 
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520 |a In this radical debunking of pervasive myths about how corporations and investors behave, UCLA professor and legal celebrity Lynn Stout shows how--contrary to entrenched belief--"shareholder primacy" is not mandated by corporate law and actually harms shareholders themselves