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“Maximizing Shareholder Value” Is an Unnecessary and Unworkable Corporate Objective

Lynn Stout

in Re-Imagining Capitalism

Published in print:
2016
Published Online:
October 2016
ISBN:
9780198785453
eISBN:
9780191827372
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198785453.003.0012
Subject:
Business and Management, International Business

chapter argues that “maximizing shareholder value” is unnecessary and unworkable as a business objective. Each element—maximize, shareholder, and value—is problematic. First, while maximizing a ... More


The Professionalization Challenge

Georges Romme

in The Quest for Professionalism: The Case of Management and Entrepreneurship

Published in print:
2016
Published Online:
March 2016
ISBN:
9780198737735
eISBN:
9780191801266
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198737735.003.0002
Subject:
Business and Management, Innovation

This chapter develops the professionalization framework that is central to The Quest for Professionalism. First, the historical context of this quest is explored, and then several examples serve to ... More


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