Value Creation and Corporate Governance

Research output: Other contributionNet publication - Internet publicationCommunication


Shareholder value maximization has been severely criticized in recent years, but it is not clear what, if anything, is to take its place. I review three models of corporate value creation - shareholder value, stakeholder value and company purpose achievement - and their implications for corporate governance.
Original languageEnglish
Publication date27 Nov 2020
Place of PublicationOxford
PublisherFaculty of Law. University of Oxford
Publication statusPublished - 27 Nov 2020


  • Corporate governance
  • Shareholder value
  • Value creation

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