Book · 2012 · Business & Economics
The Shareholder Value Myth
How Putting Shareholders First Harms Investors, Corporations, and the Public (Large Print 16pt)
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Well, you know, that's a key question. And I really do think that's a good book by Lynn Stout. It's like a really thought-provoking book. And she definitely – I mean, like she kind of has two arguments.
The best things said about it
So I'm going to read a quote from – you don't actually quote this in the book, but I went and read a book that you recommended or at least referenced by a woman named Lynn Stout talking – I think the book was called The Shareholder Value Myth. And so she says.
Why people recommend it
The Shareholder Value Myth by Lynn Stout is a critical corporate governance book arguing that prioritizing shareholder value above all other corporate interests harms companies, employees, and the broader economy. On the podcast Invest Like the Best, Jeff Gramm recommended the work, describing it as a thought-provoking read that advances two distinct central arguments regarding the duties of corporate leaders. Gramm praised the clarity with which Stout tackled prevailing orthodoxies in modern business management. During the same interview, host Patrick O'Shaughnessy referenced the book and read a specific passage from it to highlight the core issues surrounding shareholder primacy and corporate purpose. O'Shaughnessy used Stout's analysis to prompt further discussion about activist investing and the changing responsibilities of public corporations. Together, the speakers pointed to Stout's work as an essential resource for anyone seeking to understand the legal and philosophical foundations of modern corporate behavior, as well as the systemic flaws embedded in short-term profit maximization.
Every mention
Jeff Gramm Well, you know, that's a key question. And I really do think that's a good book by Lynn Stout. It's like a… 1
“Well, you know, that's a key question. And I really do think that's a good book by Lynn Stout. It's like a really thought-provoking book. And she definitely – I mean, like she kind of has two arguments.”
Patrick O'Shaughnessy So I'm going to read a quote from – you don't actually quote this in the book, but I went and read a book t… 1
“So I'm going to read a quote from – you don't actually quote this in the book, but I went and read a book that you recommended or at least referenced by a woman named Lynn Stout talking – I think the book was called The Shareholder Value Myth. And so she says,”