The error at the heart of corporate governance

BUSINESS & MANAGEMENT

7/26/20251 min read

I recently came across a very interesting article in the Harvard Business Review. The authors of this article make a strong case for recognizing that the idea that 'a firm's main duty is to maximize shareholder value' is wrong! Their arguments seem valid and put into question a lot of current business practices. A link to this article is placed below. Have a look and let me know what you think.

https://hbr.org/2017/05/managing-for-the-long-term