The End of Shareholder Value
Corporations at the Crossroads
By (author) Allan A. Kennedy
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End of Shareholder Value by Allan A. Kennedy
Book Description"Allan Kennedy provocatively proposes that running corporations to benefit shareholders damages companies and the societies they operate in. [He] has raised questions about managing for shareholder value that someone will have to answer."-Mark Henricks, American Way"Allan Kennedy has always seen the corporation in its full cultural context. Now he demonstrates that corporate managers have mistaken the shareholder value formula for the building of true wealth. His fascinating stories of companies make both great reading and a compelling case for the broadening of corporate objectives."-Stan Davis, co-author of Future Wealth and BlurIn The End of Shareholder Value, Allan Kennedy calls for a revolution in business-for customers, employees, political and social leaders, and governing boards to challenge the cozy relationship between executives and investors that has crippled companies in the name of maximizing shareholder value. From GE to the hottest new Web-based start-up, those companies that subscribe to the shareholder value ethic cannot be sustained and will, inevitably, be replaced by those who figure out how to create and share wealth among all stakeholders. Provocative and wide-ranging, The End of Shareholder Value challenges everyone to rethink the purpose of business in the new millennium.
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Book DetailsISBN: 9780738204840
(235mm x 152mm x 18mm)
Imprint: Perseus Books
Publisher: The Perseus Books Group
Publish Date: 19-Apr-2001
Country of Publication: United States
Books By Author Allan A. Kennedy
New Corporate Cultures, Paperback (November 2000)
The authors of the hugely influential Corporate Cultures reunite to assess the effects of the last two decades of management trends and to offer new strategies for achieving corporate renewal.
Corporate Cultures, Paperback (April 2000)» View all books by Allan A. Kennedy
For junior and senior managers alike, Deal and Kennedy offer guidelines for diagnosing the state of one's own corporate culture and for using the power of culture to wield significant influence on how business gets done.
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Author Biography - Allan A. Kennedy
Allan A. Kennedy is a Boston- and London-based management consultant and writer. He is co-author with Terrence Deal of Corporate Cultures and The New Corporate Cultures. He lives in Boston, Massachusetts.
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