The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public (Paperback)

Preface
INTRODUCTION: “THE DUMBEST IDEA IN THE WORLD”

PART I: DEBUNKING THE SHAREHOLDER VALUE MYTH
Chapter One The Rise of Shareholder Value Thinking
Chapter Two How Shareholder Primacy Gets Corporate Law Wrong
Chapter Three How Shareholder Primacy Gets Corporate Economics Wrong
Chapter Four How Shareholder Primacy Gets the Empirical Evidence Wrong

PART II: WHAT DO SHAREHOLDERS REALLY VALUE?
Chapter Five Short-term Speculators versus Long-term Investors
Chapter Six Keeping Promises To Build Successful Corporations
Chapter Seven Hedge Funds versus Universal Investors
Chapter Eight Making Room for Shareholder Conscience
CONCLUSION: SLAVES OF SOME DEFUNCT ECONOMIST
Notes
Index
About the Author