Predatory Value Extraction: How the Looting of the Business Corporation Became the Us Norm and How Sustainable Prosperity Can Be Restored

by William Lazonick and Jang-Sup Shin

Book Overview

Predatory Value Extraction explains how an ideology of corporate resource allocation known as 'maximizing shareholder value' (MSV) that emerged in the 1980s came to dominate strategic thinking in business schools and corporate boardrooms in the United States. Undermining the social foundations of sustainable prosperity, it resulted in employment instability, income inequity, and slow productivity growth. In explaining what happened to sustainable...

• Format: Hardcover
• Language: English
• ISBN: 0198846770
• ISBN13: 9780198846772
• Release Date: January 2020
• Publisher: Oxford University Press
• Length: 252 Pages
• Weight: 1.10 lbs.
• Dimensions: 0.9" x 6.3" x 9.3"