Yes, the planet got destroyed. But for a beautiful moment in time we created a lot of value for shareholders!

shareholder value maximization

Read more on this destructive and erroneous idea of “Shareholder Value”:
The Code of Capital: How the Law Creates Wealth and Inequality, by Katharina Pistor (Princeton University Press, 2019)
The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public, by Lynn Stout (Berrett-Koehler Publishers, 2012)
Managed by the Markets: How Finance Re-Shaped America, by Gerald F. Davis (Oxford University Press, 2009)
The Architecture of Markets: An Economic Sociology of 21st Century Capitalist Societies,
by Neil Fligstein (Princeton University Press, 2001)

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1 Response to Yes, the planet got destroyed. But for a beautiful moment in time we created a lot of value for shareholders!

  1. Pingback: “Yes, the planet got destroyed. But for a beautiful moment in time we created a lot of value for shareholders!” | the ineffective altruist

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