Send hot takes on shareholder value maximization and its discontents pls
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"For facilities that are violating wage laws, profit margins hinge on the widespread exploitation of thousands of caretakers."
revealnews.org/article/caregi
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not sure where the father of shareholder value, Michael Jensen, is on this these days....seems he is keeping shareholder value but blaming everything on a lack of "integrity". hbs.me/2KJ1ehR
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Shareholders and management are free to strike a bargain that doesn't prioritize shareholder wealth maximization ahead of other corporate values. Competition is multidimensional.











