By 1994, when Louis V. Gerstner Jr. headed the company, he orchestrated an epic turnaround, putting shareholder value and customer satisfaction at the top of the list. Employees and community were ...

He talks about a research paper he authored, which makes the point that profit maximization is important to shareholders, but it’s not the only thing they care about. Put simply: shareholder ...

In this interview, Hart discusses his most recent paper "Companies Should Maximize Shareholder Welfare Not Market Value." He says that profit maximization is important to shareholders, but it's ...

We analyze this question for the case where shareholders are prosocial and externalities are not perfectly separable from production decisions. We argue that maximization of shareholder welfare is not ...

A new report has uncovered how investors can most effectively foster shareholder engagement on environmental, societal and governance (ESG) issues to overcome differences in structural and cultural ...

Keros, which had a market capitalization of around $396 million based on Wednesday's closing price, said it will look at a range of options, including a sale or other business combination, continued ...

while also considering value maximization alternatives which are in the best interests of all shareholders'. Parkland Corporation’s board said it has initiated a review of strategic alternatives ...