haku: @indexterm holding companies / yhteensä: 78
viite: 9 / 78
| Tekijä: | Koslowski, P. |
| Otsikko: | The limits of shareholder value |
| Lehti: | Journal of Business Ethics
2000 : SEP, VOL. 27:1-2, p. 137-148 |
| Asiasana: | CORPORATE GOVERNANCE HOLDING COMPANIES SHAREHOLDERS |
| Kieli: | eng |
| Tiivistelmä: | Shareholder value orientation has been introduced as a means to improve the performance of the corporation. The paper investigates the theoretical justification for the claim that increasing shareholder value is the purpose of corporate governance. It demonstrates that shareholder value is the control principle, not the purpose of the firm. The idea that shareholder value is the only goal of the corporation is a mistaken transfer from the financial to the industrial firm. |
SCIMA