02850nam 2200661 a 450 991079013840332120240112231008.01-280-12819-497866135320771-60509-815-9(CKB)2670000000173057(SSID)ssj0000621975(PQKBManifestationID)11386135(PQKBTitleCode)TC0000621975(PQKBWorkID)10636763(PQKB)11517455(Au-PeEL)EBL881726(CaPaEBR)ebr10551861(CaONFJC)MIL353207(OCoLC)784885784(PPN)170251225(CaSebORM)9781605098135(MiAaPQ)EBC881726(EXLCZ)99267000000017305720120206d2012 uy 0engurcn|||||||||txtccrThe shareholder value myth[electronic resource] how putting shareholders first harms investors, corporations, and the public /Lynn Stout1st ed.San Francisco Berrett-Koehlerc2012vi, 134 p. portBK business bookBibliographic Level Mode of Issuance: Monograph1-60509-813-2 Includes bibliographical references and index.pt. 1. Debunking the shareholder value myth -- pt. 2. What do shareholders really value?“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 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.BK business book.StockholdersCorporate governanceCorporationsInvestor relationsCorporationsValuationStockholders.Corporate governance.CorporationsInvestor relations.CorporationsValuation.658.15/5Stout Lynn A.1957-478993MiAaPQMiAaPQMiAaPQBOOK9910790138403321The shareholder value myth3675837UNINA