- Debunking the Shareholder Value myth: How putting shareholders first harms investors, corporations, and the public – by Prof. Lynn Stout
- A new form of Regulatory Capture: regulators’ attempt to serve the public interest is blocked by budget cuts and procedural requirements – by Prof. Sidney A. Shapiro
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Stout and I approach the considerations of corporate behavior from different angles (Stout on shareholder value, I on profit maximization), but the conclusions arrive at the same point.
https://thesmallr.wordpress.com/2015/04/21/profit-maximization-is-self-annihilation/