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This Element examines the current crisis of capitalism's legitimacy and concludes that it derives principally from business pursuing an aberration of capitalism known as shareholder capitalism, in which firms sought to maximize shareholder value as reflected in the current share price, at the expense of all other stakeholders and society.
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Reinventing Capitalism in the Digital Age, Stephen Denning
- Language
- Released
- 2022
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- (Paperback)
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- Title
- Reinventing Capitalism in the Digital Age
- Language
- English
- Authors
- Stephen Denning
- Publisher
- Cambridge University Press
- Released
- 2022
- Format
- Paperback
- ISBN10
- 1009332848
- ISBN13
- 9781009332842
- Description
- This Element examines the current crisis of capitalism's legitimacy and concludes that it derives principally from business pursuing an aberration of capitalism known as shareholder capitalism, in which firms sought to maximize shareholder value as reflected in the current share price, at the expense of all other stakeholders and society.