Building respected companies :: rethinking business leadership and the purpose of the firm /

"The current financial crisis has deep macroeconomic roots, but the dominant view of the firm has made the crisis deeper and more devastating. Over the past few decades, maximizing shareholder value has become the main objective of the firm. Chief executives have been keen on this objective bec...

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Bibliographische Detailangaben
1. Verfasser: Canals, Jordi (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cambridge ; New York : Cambridge University Press, 2010.
Schlagworte:
Online-Zugang:Volltext
Zusammenfassung:"The current financial crisis has deep macroeconomic roots, but the dominant view of the firm has made the crisis deeper and more devastating. Over the past few decades, maximizing shareholder value has become the main objective of the firm. Chief executives have been keen on this objective because their economic incentives have been clearly associated with stock market performance. Unfortunately, this has driven many CEOs to make terrible decisions based on short-termism and greed. In this way, the firm has become the object of anger, criticism and cynicism. In Building Respected Companies, Jordi Canals argues that we must address this problem by developing companies that serve society, not just their shareholders. This requires a new perspective of what a firm is, what the purpose of the firm in society should be and what the role of the board of directors and senior executives should be"--
Beschreibung:1 online resource (xiii, 267 pages)
Bibliographie:Includes bibliographical references (pages 254-260) and index.
ISBN:9780511929717
0511929714
9780511761294
0511761295
9780511932397
0511932391

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