Central to this discussion is the doctrine of shareholder primacy—the belief that the primary obligation of corporations is to maximize shareholder returns. While this approach dominates ...

Where corporate governance is understood as centring on aligning shareholder interests with those of the corporation, it’s ...

This analysis challenges the concept of the longer-term efficiency of “shareholder primacy”—a prevailing theory in corporate governance, which holds that shareholder interests should be prioritized ...

Since the 2008 financial crisis, a growing chorus of advocates and scholars have argued that corporations have a responsibility toward a number of different stakeholders, including their employees.

Bastiaan van der Linden at EDHEC Business School explains a management mindset that won’t be displaced entirely by ESG Shareholder primacy is a management mindset in which strategic business decisions ...

According to Strive's website, the firm's employees "live by a strict commitment to shareholder primacy - an unwavering mandate that the purpose of a for-profit corporation is to maximum long-run ...

“Dodge v. Ford: What Happened and Why?” Scholarship@Cornell Law: A Digital Repository, Cornell Law School. “New Thinking on ‘Shareholder Primacy’.” ...

Supporters of stakeholder capitalism today believe this priority on all entities should replace shareholder primacy. Investopedia / Michela Buttignol The debate about the role and responsibilities ...

That’s what Milton Friedman said when he argued in favor of shareholder primacy back in 1970: In a free‐enterprise, private‐property system, a corporate executive is an employee of the ...

It took a while, but shareholders are now paying a price for their primacy. Follow @rob_cyran, opens new tab on X (The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) ...