Below you will find the link to a paper I wrote in mid-2019 on maximizing shareholder value. As you can see from the title, I’m not keen on the idea . . . to put it mildly. And, yes, the title is loooong, but I wanted readers to know from the start exactly where I stand.
We had a discussion about this on Twitter on 2 July, and I promised to post the paper. Click on the title below to download the PDF.
“Maximimizing Shareholder Value 1970-??? The Morally Bankrupt, Incomparably Destructive [Not Legally Required] Economic Idea That Decapitated Modern Business and Is Spurring Social Instability”