If you own stock, invest in companies, or are starting a new business, read this book!
A review of The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public, by Lynn Stout. @@@@@ (5 out of 5). A business law professor argues that “maximizing shareholder value” is a mistaken and dangerous concept — and is not required under the law.
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