The Tyranny of Maximizing Shareholder ValueMaximizing Shareholder Value | The Golden Calf That Has Trampled Everything Introduction In the United States, the notion of maximizing shareholder value (“MSV”) is not merely a concept, it is an entrenched ideology. MSV has become nothing less than a revered religion. CEOs and shareholders alike worship at its altar, making it the guiding force behind every corporate choice. Like high priests, CEOs make sacrifices to the market gods, even at the expense of employees, customers, the environment, and every other stakeholder that actually matters.MSV has evolved into a movement that dominates corporate governance and …
Category: The Promise of Capitalism
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