International Corporate Governance

Felix I. Lessambo
Additional contact information
Felix I. Lessambo: Fordham University

Chapter Chapter 4 in International Finance, 2021, pp 45-59 from Springer

Abstract: Abstract For so long, the concept of “shareholder primacy,” or a corporation’s duty to maximize shareholder value was considered as the governance norm, but things begin to change. In August 2019, the Business Round Table (The Business Roundtable, which represents the chief executives of 192 large companies in the United States.) released a statement which reads: “Investing in employees, delivering value to customers, dealing ethically with suppliers and supporting outside communities are now at the forefront of American business goals.”

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-69232-2_4

Ordering information: This item can be ordered from
http://www.springer.com/9783030692322

DOI: 10.1007/978-3-030-69232-2_4

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().