HBR revives “maximizing shareholder value”—what Jack Welch called "the dumbest idea in the world"—treating customers as ...

When a company focuses on maximizing shareholder value, it’s actively working to increase the wealth of its shareholders. This could mean boosting profits, increasing dividends or driving up the stock ...

Some years ago, James Montier wrote a great paper called – The World’s Dumbest Idea, that explored the problems surrounding the concept of shareholder value and its maximization saying: “Before you ...

Eileen Drake (the CEO of Aerojet Rocketdyne (NYSE: AJRD)) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization today issued a comprehensive presentation ...

Bitfarms (TSE:BITF) has released an update. Bitfarms Ltd. has issued a statement affirming its commitment to maximizing shareholder value amid unsolicited acquisition proposals, particularly ...

I asked Prof. Bainbridge whether I could cross-post this from Corporate Finance Lab, and he kindly agreed: What is the purpose of a corporation? Is it, as Nobel Economics laureate Milton Friedman ...

Recently, there has been a lot of discussion about maximizing shareholder value and whether or not executives should emphasize other areas, like employee relations and climate, in the mix. The debate ...

"Tools" lecture. Concepts will be used a lot in the course. Efficiency: An arrangement is efficient if and only if there exists no alternative in the feasible set -- that is, which can be obtained ...

Milton Friedman’s admonition 50 years ago that the modern corporation should maximize shareholder value remains controversial. We argue that under certain broad assumptions, the admonition remains a ...