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The intellectual foundations of the shareholder value model

The intellectual foundations of the shareholder value model

Update: 2010-03-09
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Dr Mike Lucas of The Open University Business School explains how the experience of working and teaching in accounting and finance has forced him to a fundamental reappraisal of the idea that businesses’ objective is to maximise shareholder wealth.
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The intellectual foundations of the shareholder value model

The intellectual foundations of the shareholder value model

The Open University