Date: 2017-11-21 17:50:38
If corporate managers create “shareholder value” as commonly practiced, do they automatically serve the best interests of their shareholders and those of society? If not, what is the root cause of the problem, and is it important? Anat Admati, the George G.C. Parker Professor of Finance and Economics at the GSB, and named “one of the 100 most influential people in the world” by Time Magazine, will show how standard corporate governance practices can cause significant distortions and inefficiencies because corporations and governments often fail to create and enforce effective rules to prevent harm and to ensure proper accountability. This Stanford GSB Fall Reunion/Alumni Weekend faculty presentation was recorded on October 27, 2017.
Available from Anat Admati and Martin Hellwig, The Banker’s New Clothes [https://sbndigitalagency.com
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