…shareholders’ interests. I can think of an explanation based on principal/agent problems for why firms would advertise more than the shareholder value maximizing amount. It is more fun to be…

…value is the dumbest idea in the world,” he said. “Shareholder value is a result, not a strategy…your main constituencies are your employees, your customers and your products.” Oh sure,…

…over 600 billion shares voted every year at more than 13,000 shareholder meetings, shareholders should be served by a well-functioning proxy system that promotes efficient and accurate voting. If you…

…simple. The chairman of the Fed tells the CEO of To Big to Fail Bank (tbtf bank) that the FED will pick up dodgy assets with face value X if…

…over the last decade. Quote 2: But on the issue of the dividend plan, if companies pay a dividend to a shareholder, the shareholder would not pay tax on the…

…free market becomes a glorious …. “thing”… where maximizing shareholder profits is the guiding rule. Just look at the graph at Mr. Krugman’s post to see how maximizing shareholder profits…

…Azar showing that: United’s top five shareholders—all institutional investors—own 49.5 percent of the firm. Most of United’s largest shareholders also are the largest shareholders of Southwest, Delta, and other airlines….

…an expense, so profits minus investment is taxed. There are lots of problems (aside from the fact that only in shareholders’ dreams do manager maximize shareholder value). We would have…

…is no such thing as a legal obligation to “maximize shareholder value”. It’s simply an ideology that has become widely accepted, even as some of its most prominent advocates, such…

…wants to transfer a billion dollars to its shareholders (notably including the huge shareholders in its C suite and on its corporate board). Whether they distribute dividends or buy back…