- Since the late 1970s, the concept that firms exist exclusively for creating shareholder value has gained track and it is now firmly anchored by a host of institutions.
- While it helped boost company profits, it hasn’t led to shared prosperity as there are some negative economic side effects.
- Most notably though is that the biggest gains have gone to executives which shareholder capitalism were supposed to discipline.
Is Shareholder Capitalism Actually Good For Shareholders?
February 8th, 2017 · No Comments
Tags: Corporate governance