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About For Books The Shareholder Value Myth: How Putting Shareholders First Harms Investors,

3 days ago0 views

Maftrkjct

Maftrkjct

Executives, investors, and the business press routinely chant the mantra that corporations are "owned by shareholders" and managers are obliged to "maximize shareholder value." The results have been disastrous. The author proves that there is in fact absolutely no legal obligation for corporations to maximize shareholder value.
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