How Putting Shareholders First Harms Investors, Corporations, and the Public
by Lynn Stout
Recommended by Tom Peters
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Recommended by 3 sources and appears in Most Recommended Books, Finance, and Business.
Executives, investors, and the business press routinely chant the mantra that corporations are required to ?maximize shareholder value.? In this pathbreaking book, renowned corporate expert Lynn Stout debunks the myth that corporate law mandates shareholder primacy. Stout shows how shareholder value thinking endangers not only investors but the res...
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Why recommended
Recommended by 3 sources and appears in Most Recommended Books, Finance, and Business.
People and public figures who have recommended this book.
Recommendation proof is sourced from public posts, interviews, reading lists, and cited references.
Tom Peters
“Wonderful, short book by Cornell law professor Lynn Stout: ?The Shareholder Value Myth.? A company may pursue ANY goal it wishes as long as it?s legal. NO ISSUE. OPEN AND SHUT.”
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Consider The Undoing Project by Michael Lewis. Recommended by 15 sources.
“Michael Lewis chronicles the friendship and intellectual partnership of Daniel Kahneman and Amos Tversky, who championed the idea that cognitive biases shape our choices. The narrative reads like a buddy story, weaving their discoveries into personal anecdotes and the drama of their collaboration. You'll grasp key ideas—loss aversion, framing—through their story, but the book focuses on biography, not application. Helpful for understanding behavioral economics' origins; less useful if you want actionable advice. The emotional arc of their relationship can overshadow the science.”
Each recommendation is collected from a public source — interviews, articles, or curated lists — and linked to its original URL. Books with many verifiable recommendations from respected people rank higher.
