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“A must-read for managers, directors, and policymakers interested in getting America back in the business of creating real value for the long term.”
—Constance E. Bagley, Professor, Yale School of Management; President, Academy of Legal Studies in Business; and author of Managers and the Legal Environment and Winning Legally
“A compelling call for radically changing the way business is done…, The Shareholder Value Myth powerfully demonstrates both the dangers of the shareholder value rule and the falseness of its alleged legal necessity.”
—Joel Bakan, Professor, The University of British Columbia, and author of the book and film The Corporation
“Lynn Stout has a keen mind, a sharp pen, and an unbending sense of fearlessness. Her book is a must-read for anyone interested in understanding the root causes of the current financial calamity.”
—Jack Willoughby, Senior Editor, Barron’s
“Lynn Stout offers a new vision of good corporate governance that serves investors, firms, and the American economy.”
—Judy Samuelson, Executive Director, Business and Society Program, The Aspen Institute
Her use of metaphors is very helpful in making the information accessible.
The Shareholder Value Myth makes a strong argument that a corporate focus on one goal, maximizing shareholder value, is a ruinous path.
Examples from the financial world and from giant bailed out companies like GM have been front-page news since at least 2008.
This is an important book. Business law professor Stout carefully takes apart the mistaken belief that Shareholder Value should (or can) be the only criterion for evaluating top... Read morePublished 3 months ago by William J. Brown
Not many know this is a myth. I enjoyed learning her point of view. Very informative. This deserves a wider audience.Published 5 months ago by Bernard C. Rudegeair
The book is well researched and supports their premise. It did seem to go a little long after they made their case.Published 6 months ago by spsanders
Keep going around same subjects. I would recommend it if you would like to really go deep on the concept of share holder valuePublished 10 months ago by Alan Jose Espinal
A thorough research. Thanks to Lynn Stout for her outstanding efforts and setting the record straight. Very well written and documented.Published 10 months ago by Jihad Shaheen
It is a sort of "How NOT to" instead of a "How to" book. On the one hand she says short termism is bad for long term results, on the other she seems to says a single company's long... Read morePublished 11 months ago by A. Brenninkmeijer
I was really looking forward to reading this book, because I believe in the topic. However it turned out bot being what I was expecting. Read morePublished 12 months ago by Jose Zazueta
I knew, by gut feeling, something was wrong with the "everything for the share holder" dogma that I learnt from GE. Now I know it is wrong thanks to this book.Published 12 months ago by Amazon Customer