The purpose of a corporation is to maximize shareholder wealth. And a corporation’s board of directors’ chief fiduciary responsibility is to shareholders.
How’s That Shareholdery-Valuey Stuff Working Out for Ya?
Making shareholders rich isn’t the goal of the corporation. It’s a nice side-effect.
August 17, 2012
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Finance Essentials Course
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Strengthen your fluency in financial statements.
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New!
HBR Learning
HBR Learning
Finance Essentials Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Finance Essentials. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Strengthen your fluency in financial statements.