Book author Lynn Stout produced The Shareholder Myth in 2012 to challenge the advancement of “shareholder value” as the exclusive guiding principle of corporations. Stout, a Cornell Law School professor, debunks ...
The changing relationship between corporations and society is at play in the evolving investing strategies of pension funds. Rather than electing to exclusively pursue the strongest possible financial returns, some ...
“As an industry — and indeed as a global society — we have become trapped in our own rhetoric. We need to learn how to be comfortable with articulating purpose and ...
Ron Shaich built a major business — Au Bon Pain, then sold it off. While you’ve probably heard of Panera Bread, the popular national bakery/café chain — his second ...
One of the world’s richest men — Warren E. Buffett — has been a surprising advocate of “tax the rich” proposals. In a Nov., 2012, New York Times’ op-ed piece entitled, ...
What is the purpose and structure of the modern corporation, and what are the consequences when management takes a short-term approach to meeting corporate goals? . In a recent article, ...