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Predatory Value Extraction: How the Looting of the Business Corporation Became the US Norm and How Sustainable Prosperity Can Be Restored

William Lazonick and Jang-Sup Shin

Published in print:
2019
Published Online:
January 2020
ISBN:
9780198846772
eISBN:
9780191881770
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198846772.001.0001
Subject:
Business and Management, Corporate Governance and Accountability

This book explains how an ideology of corporate resource allocation known as “maximizing shareholder value” (MSV), that emerged in the 1980s and came to dominate strategic thinking in business ... More


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