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Thursday, June 22, 2017

Does the health of the economy depend on getting the role of shareholders right? | PubCo @ Cooley

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– Cydney Posner
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by Cydney Posner Are shareholders really the “owners” of corporations? Even though shareholders have no responsibilities to the corporations they “own”? Should corporations be managed for the sole purpose of maximizing shareholder value?  Are shareholders even unanimous in that objective? Is shareholder centricity really the right model for good governance of corporations? What changes in corporate governance have been fueled by the shareholder primacy model?  Do those changes make sense?  What.  show all text
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