If Lynn Stout is correct, that the drive for shareholder value is a myth, why do so

Question:

If Lynn Stout is correct, that the drive for shareholder value is a myth, why do so many companies continue to use it as a goal?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Business And Professional Ethics

ISBN: 9780357441886

9th Edition

Authors: Leonard J Brooks, Paul Dunn

See More Books

Question Posted: Sep 28, 2022 02:22 AM

See More Questions

Why do so many people dislike performance evaluations?
Why do so many entrepreneurs run into trouble when they buy an existing business? Outline the steps involved in the right way to buy a business.
Why do so many U.S. firms build facilities in other countries?
A 30-year maturity bond making annual coupon payments with a coupon rate of 12% has duration of 11.54 years and convexity of 192.4. The bond currently sells at a yield to maturity of 8%. Use a...
In many digital environments, users are allowed to choose how they are represented visually online. Does the way in which people are represented online affect online behavior? This question was...
Reaction review II. Without consulting the Reaction Road Map on p. 915, suggest reagents to convert hexanoic acid into each of the following compounds: (a) 1-hexanol; (b) hexanoic anhydride; (c)...
It would be helpful to me if I could start by asking you to basically tell me about your job. Okay?
1. Name at least three mistakes that Sherman made in interviewing Lee and Jackson. 2. The chapter identifies some of the characteristics of a good interview. In what ways could Sherman have changed...
Discuss the opportunities and threats that is associated with the external environment of the company selected
The following information pertains to Fun in the Sun, Inc., a beach ball manufacturer: Budgeted production costs for the coming year: Direct materials per ball Direct labor per ball Variable overhead...
Dan Price is the owner of Gravity Payments, a Seattle-based credit card company that he founded in 2004. In 2014, the company processed more than $65 billion of credit card transactions for more than...
Must a company be incorporated as a benefit corporation in order to legally consider actions other than those in pursuit of profit?
Consider a pistoncylinder assembly containing 0.12 kg of nitrogen at 300 K and 1 atm (state 1). The nitrogen is heated at constant pressure to 700 K (state 2). Plot process in Pv and Tv coordinates....
Briefly discuss the importance of the existence of a "trade or business" in terms of classification of an asset under Sections 1221, 1231 and 64:
Describe the interaction of Section 1245 at disposition on property that had been subject to "Bonus Depreciation" at acquisition. What is the general policy purpose for Section 1245?
Explain the role and Influence of Multinationals in Public Policy, based on whether it is appropriate for public policy to be sensitive to the activity of multinationals.
How has the societal conceptualization of homosexuality evolved throughout history, influenced by the dynamic interplay of social foundations pertaining to deviance?
The Labor Theory of Value was used by Smith, Ricardo, and Marx to explain what determined the underlying value (and therefore relative prices) of reproducible commodities. Compare and contrast how...
When 200 convicted embezzlers were randomly selected, the mean length of prison sentence was found to be 22.1 months and the standard deviation was found to be 8.6 months. Kim Patterson is running...
Catalytic hydrogenation of naphthalene over PdC results in rapid addition of 2 moles of H 2 . Propose a structure for this product.
1. Is Madoffs sentence too long? 2. Some SEC personnel were derelict in their duty. What should happen to them? 3. Are the reforms undertaken by the SEC...
1. Where were Wal-Marts questionable payments made, and where did this result in serious damage to the company and its executives? Why? 2. The gestores payments were made to third parties, who then...
1. Which groups were most at fault for the LIBOR manipulations: brokers, traders, bank executives, bank boards of directors, or regulators? Why? 2. Robert Diamond continues to receive his 2 million...
Suppose a satellite is in a low-Earth orbit. Is it possible that the satellite will eventually fall to the ground? Why or why not
The velocity components of and of a two-dimensional flow are given by = 22 and = 22 where and are constants. Calculate the acceleration
If this had been on Mars the slope would have been 3.7N/kg. What can you determine about the strength of Mars' gravitational field

If Lynn Stout is correct, that the drive for shareholder value is a myth, why do so

Question:

Step by Step Answer:

Stout asserts that US corporate law does not require corporations to maximize share price shareholde...View the full answer

Business And Professional Ethics

Students also viewed these Business questions