Tag Archives: Lynn Stout

To Kill a Zombie: Ending Shareholder Primacy

The theme of the Drucker Forum to be held in Vienna November 13-14 this year is “The Great Transformation: Managing Our Way to Prosperity”. In the run-up to it Simon Caulkin wrote a mainly excellent article in the Financial Times … Continue reading →

Posted in Change, General | Tagged addiction dynamic, Anglo-Saxon capitalism, change, complex systems, crisis, Drucker Forum, Financial Times, Global Drucker Forum, Lynn Stout, shareholder value, Simon Caulkin, The Great Transformation, Upton Sinclair, vampire, zombie | Comments Off on To Kill a Zombie: Ending Shareholder Primacy

Is “Shareholder Value” a Myth or a Tool for Corporate Euthanasia?

I have been reading Lynn Stout’s The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations and The Public. It is a short, highly readable book, written with the objective of demolishing what Professor Stout calls the “shareholder value … Continue reading →

Posted in Change, General, Leadership | Tagged bankruptcy, boards, corporate law, directors, Dodge v. Ford, ecological perspective, innovation, liquidation, Lynn Stout, Mitt Romney, principal-agent, purpose, shareholder value model | 2 Comments