Showing results for "The Shareholder Action Guide Unleash Your Hidden Powers to Hold Corporations Accountable" in All Categories

Executives, investors, and the business press routinely chant the mantra that corporations are required to "maximize shareholder value." In this path-breaking book, renowned corporate expert Lynn Stout debunks the myth that corporate law mandates shareholder primacy. Stout shows how shareholder value thinking endangers not only investors but the rest of us as well.

Kat paid for her position with blood. Hers, and from those who stood in her way. Now, she has finally climbed to a spot where she has real power; she can improve things the way she thinks is necessary. But power isn't as simple as she thought it would be. It comes with complications and obligations that stop her from taking action and enemies that don't like to share their authority.

Corporations are the most powerful entities on the planet. Unfortunately, many have had a long record of unprecedented and unbridled environmental degradation, social transgressions, and governance secrecy. Since by law they are beholden to their shareholders, some philanthropic trusts, pension funds, and other institutional investors have used shareholder advocacy to press for changes in corporate policy. But individual investors have largely been silent, thinking themselves powerless.