The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public

The Shareholder Value Myth

How Putting Shareholders First Harms Investors, Corporations, and the Public

2004 • 146 pages

Distinguished legal scholar Stout proves that there is in fact absolutely no legal obligation for corporations to maximize shareholder value. She looks at new theories that not only better serve the needs of real human beings who invest, but of corporations and society as well.

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