Stakeholder Value: An Alternative to Shareholder Value?

on January 25, 2013

It is no longer only opponents of capitalism who are rejecting the shareholder value approach as it has been practiced over the past 25 years. Since the outbreak of the financial crisis, more and more politicians and members of society, but also scientists and business people have been questioning the way corporate management focuses exclusively on the interests of shareholders and ruthlessly pursues quick profit. According to the widespread believe, this does not only harms consumers and the general public in the long-term, but also the business and the shareholders themselves.