Resource title

Maximising shareholder value: an ethical responsibility?

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Resource description

Finance professors often get criticised by ethics professors because they tell their students that the goal of the firm is to maximise shareholder value. Financial scandals such as Enron, Tyco and others are regularly blamed on the excessive focus on shareholder value maximisation.

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en

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text/html

Resource resource URL

http://knowledge.insead.edu/Maximisingshareholdervalue081215.cfm?vid=158

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Copyright INSEAD. All rights reserved