Some years ago, James Montier wrote a great paper called – The World’s Dumbest Idea, that explored the problems surrounding the concept of shareholder value and its maximization saying: “Before you ...

The Economist recently declared maximizing shareholder value to be “the biggest idea in business.” It may well be the biggest idea, but it’s also “the error ...

Bitfarms (TSE:BITF) has released an update. Bitfarms Ltd. has issued a statement affirming its commitment to maximizing shareholder value amid unsolicited acquisition proposals, particularly ...

Yesterday Warren Lichtenstein, Executive Chairman of Aerojet Rocketdyne, released another letter designed to obscure the reasons underpinning a proxy fight he launched – his failures as a chairman and ...

Eileen Drake (the CEO of Aerojet Rocketdyne (NYSE: AJRD)) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization today issued a comprehensive presentation ...

I asked Prof. Bainbridge whether I could cross-post this from Corporate Finance Lab, and he kindly agreed: What is the purpose of a corporation? Is it, as Nobel Economics laureate Milton Friedman ...

Eileen Drake (the CEO of Aerojet Rocketdyne (NYSE: AJRD)) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization (the “Committee”) remind Aerojet Rocketdyne ...