Its mantra
of maximizing shareholder value is distracting companies and their leaders from the innovation, strategic renewal, and investment in the future that require their attention.
Is it to
maximize shareholder value as it is now, or also serve the interests of other stakeholders including customers, suppliers, employees and the community?
Basically this company is going through a drawn out liquidation process (it's been going on for at least a few years) in order to
fully maximize shareholder value.
One of the keys to
help maximize shareholder value is to carefully evaluate the entire real estate portfolio — both owned and leased facilities — as early as possible.
«Yahoo wants to
maximize the shareholder value by spinning off profitable pieces that could presumably stand on their own and continue to generate shareholder returns, but the more of these pieces it excludes from the core, the less the core is worth to bidders,» he told the E-Commerce Times.
In Silicon Valley, unlike in the rest of the corporate world, the notion that companies have an ethical duty
beyond maximizing shareholder value and obeying the law is not a controversial one.
Yet 37 days have passed since the failure of Viprinex, «the sole major asset of the Company,» without the Board communicating or enacting a plan designed to
maximize shareholder value through the dissolution and liquidation of NTI assets.
The article's author, Steve Denning, dissects the main theme of Martin's book, which is that the current practices
around maximizing shareholder value actually do more harm than good:
Rather than feeling pressure to, say, cut a research and development group to boost the short - term bottom line, the laws enable company management to keep betting on innovation investment even when it does
not maximize shareholder value at every given moment.
While a board of directors has a duty to
maximize shareholder value by running a fair sales process, the Murdochs own about 17 percent of Fox and control the company through voting shares.
The mission of this social purpose corporation is not necessarily compatible with and may be contrary to maximizing profits and earnings for shareholders, or
maximizing shareholder value in any sale, merger, acquisition, or other similar actions of the corporation.
In this issue's Spotlight we examine how a focus
on maximizing shareholder value — which leads to short - termism for management and boards — can threaten...
Martin lambastes the philosophy that a company's primary purpose is to
maximize shareholder value.
«This idea of
maximizing shareholder value is an important reason why all that happened,» Wartzman said.
Still, Stout argues that
maximizing shareholder value has become the dominant corporate practice.
«There is a widespread and completely erroneous belief out there that there is some sort of legal duty that corporate managers have to «maximize profits» or «
maximize shareholder value,»» said Cornell law professor Lynn Stout, author of «The Shareholder Value Myth.»
Fair or not, Welch became the face of
maximizing shareholder value — the winners and the losers.
Conversely, if your purpose is weak (i.e. «to
maximize shareholder value» or «to make a lot of money»), then remaining accountable to that purpose becomes extremely difficult — not to mention the challenge of energizing and motivating your team.
He also thinks that trying to
maximize shareholder value is «ridiculous,» adding, «I couldn't run a company where you had to use that as an excuse for why it was doing things.»
Pearson, who also served as Valeant's chairman, has said that the company's responsibility is to
maximize shareholder value.
After all, Tesla is a publicly - held firm - shouldn't his responsibility be to
maximize shareholder value?
Maximizing shareholder value had morphed into maximizing short - term value and this had led to the corporate scandals.
Steinhoff, which has its primary listing in Frankfurt, said Wiese would «embark on a detailed review of all aspects of the company's business with a view to
maximizing shareholder value.»
He arrives at Athenahealth as Elliott Management pushes for operational and strategic changes to
maximize shareholder value.
Were you taught that the goal of business is simply to
maximize shareholder value?
«We continue to evaluate growth opportunities where we can achieve measurable, value - enhancing synergies that drive financial contribution and
maximize shareholder value.»
Gain insight on methods for managing companies to
maximize shareholder value.
CEOs say it all the time: they have a responsibility to «
maximize shareholder value.»
After all, the number one duty of the public company boards is to
maximize shareholder value.