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Debunking The Shareholder Value Myth
Posted By Barry Ritholtz On December 17, 2012 @ 10:15 am In Really, really bad calls,Video | Comments Disabled
Another bad idea from the University of Chicago: It is commonly believed that directors’ primary responsibility is to boost stock prices. But case law established that their top priority is to benefit the company – which doesn’t always mean a higher stock price, Lynn Stout of Cornell Law School tells David Cay Johnston. (July 17, 2012)
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