3 reasons the world is moving beyond shareholder value

From Greenbiz: “For the past 40 years, a one-dimensional belief has prevailed that the purpose of a corporation is to maximize shareholder value.  This belief, developed through the skillful advocacy of economists such as Milton Friedman and Michael Jensen at the University of Chicago in the 1970s, ultimately became the intellectual justification for Wall Street’s mantra that short-term share price serve as a primary lens for making investment decisions.”

 

[advanced_iframe securitykey=”e7e8a2819674b148bb1bae63f9264a7c93a8ce95″ src=”http://www.greenbiz.com/blog/2014/09/10/how-move-beyond-shareholder-value” width=”100%” height=”1200″]

Log in with your credentials

Forgot your details?