Author

Publication

2012 - Berrett-Koehler, San Francisco, California

Language

English

Word Count

33,500 words, Guess

Page Count

134 pages

Identifiers

and 2 more
  • Better World Books9781605098135
  • Open LibraryOL25206381M

Classifications

  • DDC658.15/5
  • LCCHD2744 .S76 2012
  • LCCHD2744.S76 2012

Description

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.--Publisher description.

Subjects

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