Friday, November 30, 2012

Shareholder Value Myth [Book Review]

Cornell University law professor Lynn Stout's new book, The Shareholder Value Myth, examines how the maniacal quest to raise share prices is bad for everyone. Even Jank Welch, who was a proponent has called it "the dumbest idea in the world". A HBR review of the book here & if  you can read a few chapters for free here