Value Creation and Corporate Governance

Steen Thomsen

Value Creation and Corporate Governance

Steen Thomsen

Department of Accounting

Research output: Other contribution › Net publication - Internet publication › Communication

Abstract

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 language	English
Publication date	27 Nov 2020
Place of Publication	Oxford
Publisher	Faculty of Law. University of Oxford
Publication status	Published - 27 Nov 2020

Keywords

Corporate governance
Shareholder value
Value creation

Access to Document

https://www.law.ox.ac.uk/business-law-blog/blog/2020/11/value-creation-and-corporate-governanceLicence: Unspecified

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Cite this

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