• The Shareholder Value Myth

  • How Putting Shareholders First Harms Investors, Corporations, and the Public
  • By: Lynn Stout
  • Narrated by: Elaine Kellner
  • Length: 3 hrs and 46 mins
  • 4.3 out of 5 stars (38 ratings)

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The Shareholder Value Myth

By: Lynn Stout
Narrated by: Elaine Kellner
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Publisher's summary

Executives, investors, and the business press routinely chant the mantra that corporations are required to "maximize shareholder value." In this path-breaking 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. It leads managers to focus myopically on short-term earnings; discourages investment and innovation; harms employees, customers, and communities; and causes companies to indulge in reckless, sociopathic, and irresponsible behaviors. Additionally, Stout looks at new models of corporate purpose that better serve the needs of investors, corporations, and society.

©2012 Lynn Stout (P)2015 Lynn Stout

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