Transcript -- The intellectual foundations of the shareholder value model
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Dr Mike Lucas of The Open University Business School explains how the experience of working and teaching in accounting and finance has forced him to a fundamental reappraisal of the idea that businesses’ objective is to maximise shareholder wealth.
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Dr Mike Lucas of The Open University Business School explains how the experience of working and teaching in accounting and finance has forced him to a fundamental reappraisal of the idea that businesses’ objective is to maximise shareholder wealth.
Published 03/09/10
Alan Shipman of The Open University Economics Department recalls the origins and optimistic expectations of the shareholder value ‘revolution’, inspired by economic ideas of profit-maximisation and a political turn against profligate management.
Published 03/09/10
Alan Shipman of The Open University Economics Department recalls the origins and optimistic expectations of the shareholder value ‘revolution’, inspired by economic ideas of profit-maximisation and a political turn against profligate management.
Published 03/09/10