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Out With Shareholder Value

“We no longer live in a world that can tolerate maximizing shareholder value. That narrow pursuit ends with companies that drive so many costs out of the system that they”ll have workers living beneath the poverty line, relying on the government for food stamps and health care.

Instead, companies should pursue ‘stakeholder’ value – balancing the interests of their investors with the welfare of their employees, the people in the community and the environment.”

                                      Marc Benioff, founder of Zappos

BusinessWeek 12/18/14


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