I asked Prof. Bainbridge whether I could cross-post this from Corporate Finance Lab, and he kindly agreed: What is the purpose of a corporation? Is it, as Nobel Economics laureate Milton Friedman ...
In 1986, Peter Drucker warned of a severe threat to our “long-term economic future.” “Corporate managements,” he wrote, “are being pushed into subordinating everything (even such long-range ...
Tidewater Midstream's Q4-2022 results were solid, but the management now sees a $50 million funding gap at Tidewater Renewable, and the FY2024 EBITDA guidance is walked back slightly. The stock is ...
We’re revisiting a story originally published in June 2016. CEOs say it all the time: They have a responsibility to “maximize shareholder value.” Fund managers say it too: CEOs have a responsibility ...
Oct 28 (Reuters) - The belief that companies exist solely to make their owners rich has changed the world, but done so by failing on its own terms. Sign up here. Called Shareholder Value Maximization ...
An increasingly regular line of attack against corporate America, one embraced largely by Republicans, is accusing them of pushing a "woke" agenda. The most famous recent examples of this include ...
Bitfarms (TSE:BITF) has released an update. Bitfarms Ltd. has issued a statement affirming its commitment to maximizing shareholder value amid unsolicited acquisition proposals, particularly ...
Needham analyst Kyle Peterson reiterated a Buy rating on MarketWise (MKTW – Research Report) today and set a price target of $3.00. Kyle Peterson has given his Buy rating for MarketWise (MKTW) stock ...
Aerojet Rocketdyne’s shareholders are facing an important decision at the Special Meeting on June 30th. During her tenure, Eileen Drake (Aerojet Rocketdyne’s CEO) has led the Company to strong ...
Business: Kobayashi Pharmaceutical manufactures and sells pharmaceuticals and consumer products in Japan and internationally. The company operates in three segments: The Domestic Business and ...