Mark Stover's Page

Every manager in a publicly held corporation (in North America, at least) is taught from the beginning that "the purpose of the corporation is to maximize shareholder value." That ethic drives certain behaviors which result in outcomes like the recent financial meltdown that started in the U.S. in September 2008. But that set of events and outcomes is only the most recent manifestation of single-minded focus on "shareholder value." How would business, community, and people's lives in general…See More