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explains the emergenceDSand consequencesDSof 'maximizing shareholder value' as a principle of corporate governance in the United States over the past two decades, and provides unique insights into the contests for corporate control that have unfolded in Germany over the past few years.
In this highly original book, Mary O'Sullivan provides a critical analysis of the theoretical foundations for the idea that corporations should be run to maximize shareholder value and for the alternative perspective that corporations should be run in the interests of stakeholders. She embeds her arguments on…mehr

Produktbeschreibung
explains the emergenceDSand consequencesDSof 'maximizing shareholder value' as a principle of corporate governance in the United States over the past two decades, and provides unique insights into the contests for corporate control that have unfolded in Germany over the past few years.
In this highly original book, Mary O'Sullivan provides a critical analysis of the theoretical foundations for the idea that corporations should be run to maximize shareholder value and for the alternative perspective that corporations should be run in the interests of stakeholders. She embeds her arguments on the relation between corporate governance and economic performance in historical accounts of the dynamics of corporate growth in the United States and Germany during the twentieth century.
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Autorenporträt
Mary O'Sullivan is Assistant Professor at INSEAD, France. Previous positions have included Business Analyst at McKinsey and Company, Inc., London (198890), and Visiting Scholar, Institute of Social Science, University of Tokyo (July 1996).