James W. Brown

Helpful votes received on reviews: 100% (2 of 2)
Location: edinburgh


Top Reviewer Ranking: 4,663,893 - Total Helpful Votes: 2 of 2
The End of Shareholder Value: Corporations at the &hellip by Allan A. Kennedy
2 of 2 people found the following review helpful
The book appears to misrepresent the theories underlying any approach to shareholder value - namely, that its main consideration is for long term value creation, not short term greed. What Mr. Kennedy describes is the actions of mercenaries - which may exist, but are certainly not part of the ethos of shareholder value. There is no attempt to explain that the shareholder value/stakeholder model have much more that unites them than divides them. If good employees are not paid properly, or are exploited, they will leave. Customer relations are similar. The green issue is also relevant - ignore it and it will seek you out. He is heavily critical of Rappaport without referring to any of… Read more