The same person who defined and attested the concept of shareholder value and how one should go after it goes against his own words and calls it a dumb idea today.
"On the face of it, shareholder value is the dumbest idea in the world,” he said. “Shareholder value is a result, not a strategy . . . Your main constituencies are your employees, your customers and your products."
Link here
"On the face of it, shareholder value is the dumbest idea in the world,” he said. “Shareholder value is a result, not a strategy . . . Your main constituencies are your employees, your customers and your products."
Link here
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