Kyros on 27 October 2008
Shareholder value isn't the only way to lead a company and in my opinion it isn't the best way either
Shareholder value has one problem. It is very very often short-term. Investors want as much money as possible and do not care that they are destroying the chances of long-term success by cutting R&D spending, investment etc.
Because of that private-led companies are often very successful compared to their publicly traded brethren.
