BOOK: The “myth” of shareholder primacy stands at the brink of intellectual failure, Stout writes
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 ...
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CalPERS pension fund includes public interest as central to investing decisions
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 ...
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