Sentences with phrase «maximize shareholder wealth»

In her book, Stout argued that the widely accepted norm that corporations are owned by shareholders and exist to maximize shareholder wealth is a destructive myth.

Larger, established companies tend to issue regular dividends as they seek to maximize shareholder wealth in ways aside from supernormal growth.

«There is no legal document anywhere that the duty of the corporation is to maximize shareholder wealth.

Corporate directors can be (and often are) sued for exploring a focus or expending resources that is in any way inconsistent with maximizing shareholder wealth.

Instead of being viewed as long - term economic stewards, he said, managers came to be seen as mainly as the agents of the owners — the shareholders — and responsible for maximizing shareholder wealth.

Not exact matches

Rather than focusing on pledges, businesses should make sure that managers comply with their fiduciary and ethical responsibility to maximize the wealth of the people who pay their salaries — i.e., the shareholders.

If MBA students insist on taking an oath that promotes shareholder - friendly corporate governance, I would propose the following: «I pledge to maximize the wealth of the people who pay my salary — i.e., the shareholders, unless the shareholders tell me in advance that they want me to do something else.

In many countries, board members and, as a consequence, managers have a fiduciary duty to maximize the wealth of shareholders.

This is why, as a professional investor who is charged with looking after my shareholders» and clients» wealth and savings, I find it distressing when corporate boards and managements get distracted from their role of maximizing shareholder value.