Tag Archives: value creation

How ‘Maximizing Shareholder Value’ Re-Emerged As ‘Value Creation’

When, on August 19, 2019, several hundred CEOs of major corporations signed the Business Round Table declaration that the fifty-year commitment to ‘maximizing shareholder value’ was no longer the goal of big business and that these firms shared ‘a fundamental commitment to all our stakeholders,’ many wondered what, if any, corporate behavior would change. The answer is becoming clear: not much. Instead,

Read more