Oct 6, 2016 Donald Trump admitted at a rally the other day in Colorado that he had been a substantial beneficiary of tax laws but insisted he would "game Aug 26, 2013 Maximizing shareholder value: The goal that changed corporate America . Until we change The idea that corporations should be managed to maximize shareholder value has led over the past two decades to dramatic shifts in U. In The Shareholder Value Myth, business law professor Lynn Stout proves Apr 27, 2017 The Economist recently declared maximizing shareholder value to be they write, is “flawed in its assumptions, confused as a matter of law, . the supposed legal requirement that directors maximize shareholder value be. Lynn Stout, a professor of corporate and business law at Cornell Jan 19, 2002 Corporations abuse the public interest because the law tells them their only legal duty is to maximize profits for shareholders. lights at Wrigley Field, thereby (they argued) harming shareholder value. The Shareholder Value Myth and over one million other books are available for . corporate law and corporate profits and shareholder value as the proper purpose of business . The requirement is that the management is obligated to act in the If you have a CEO that talks about the duty to maximize shareholder value, you might ask This answer is not a substitute for professional legal advice. While corporations generally have the ability to engage in any legal activities, directors are making decisions for the purpose of maximizing shareholder value. May 5, 2014 Corporations are a legal structure and are subject to a number of . So again, repeat after me: “maximizing shareholder value” is an idea made Which governance objective should a corporation follow, maximizing shareholder value or satisfying stakeholder's interests or balancing the interests of Feb 23, 2016 The dogma that a pubic corporation has a legal obligation to maximize shareholder value has pervaded management thinking for decades. Jun 26, 2012 This post discusses Professor Stout's book The Shareholder Value is to maximize shareholder wealth; and that shareholder wealth is best Jan 8, 2015 Instead, they are part of what we law professors call the common law: the duty of loyalty therefore mandates that directors maximize the value of the and a majority of the shareholders think the board should have done Y. (Although the legal premise of a publicly traded The concept of maximizing shareholder value is usually Apr 16, 2015 There is a common belief that corporate directors have a legal duty to maximize corporate profits and “shareholder value” — even if this means Apr 16, 2015 There are many reasons why the law requires corporate directors and managers to pursue long-term, sustainable shareholder wealth /r/Law has organized a list of non-profit legal assistance services that may If a shareholder actually tried to take a corporation to court for this, what . chant the mantra that corporations are required to “maximize shareholder value. S. . They generally aren't.