In this spot-on article in RI Quarterly, James Hawley and Jon Lukomnik address how the investment theory followed by most portfolio managers, Modern Portfolio Theory, ignores overall stock market… Read more “Beta Activism and Shareholder Primacy”
Category: shareholder primacy
The True Cost
Sometimes it’s difficult to explain why moving businesses to benefit corporation governance is so important. Â Why not allow businesses to serve the shareholders who invest their capital… Read more “The True Cost”
Shareholder Primacy Hurts Universal Owners (and Everyone Else)
One objection to benefit corporation governance is that it is unnecessary, because shareholder primacy is not a real problem. Â B Lab has prepared a “Myths and Truths”… Read more “Shareholder Primacy Hurts Universal Owners (and Everyone Else)”