I Think We've Got To Look At Corporate Law. Back In The Day When I Studied It, There Were Different Constituencies That Were To Be Served, And I Think There Was A Real Wrong Turn About 20 To 25 Years Ago When The Theory Began To Be Promoted That Your Highest Duty - In Fact, Some Would Argue, Your Only Duty - Is To Maximize Shareholder Return. I Just Don't Buy It. And It Wasn't The Original Underpinnings Of The Legal Theory Of Corporate Law.
Please Wait....
Translating....
Translating....
I Think We've Got To Look At
Hillary Clinton
I Think We've Got To Look At Corporate Law. Back In The Day When I Studied It, There Were Different Constituencies That Were To Be Served, And I Think There Was A Real Wrong Turn About 20 To 25 Years Ago When The Theory Began To Be Promoted That Your Highest Duty - In Fact, Some Would Argue, Your Only Duty - Is To Maximize Shareholder Return. I Just Don't Buy It. And It Wasn't The Original Underpinnings Of The Legal Theory Of Corporate Law.
Views: 7
