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Author Stout, Lynn A., 1957- author.

Title The shareholder value myth : how putting shareholders first harms investors, corporations, and the public / Lynn Stout. [O'Reilly electronic resource]

Edition 1st ed.
Publication Info. San Francisco : Berrett-Koehler, [2012]
©2012
QR Code
Description 1 online resource (vi, 134 pages)
Physical Medium polychrome. rdacc http://rdaregistry.info/termList/RDAColourContent/1003
Description data file
Series A BK business book
BK business book.
Bibliography Includes bibliographical references and index.
Contents 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."
Summary 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
Language English.
Subject Stockholders.
Corporate governance.
Corporations -- Investor relations.
Corporations -- Valuation.
Gouvernement d'entreprise.
Sociétés -- Évaluation.
Corporate governance
Corporations -- Investor relations
Corporations -- Valuation
Stockholders
Unternehmensziel
Shareholder-Value-Analyse
Gewinnmaximierung
Kritik
Investor Relations
Dividendes.
Other Form: Print version: Stout, Lynn A., 1957- Shareholder value myth. 1st ed. San Francisco : Berrett-Koehler, ©2012 9781605098135 (DLC) 2012003687 (OCoLC)760975992
ISBN 9781605098166 (electronic bk.)
1605098167 (electronic bk.)
9781605098159 (electronic bk.)
1605098159 (electronic bk.)
1280128194
9781280128196
9786613532077
661353207X
(pbk.)
(pbk.)
Standard No. 7231608
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