Concept

Shareholder Primacy

The legal theory, only a few decades old despite feeling like a natural law, that a corporation's purpose is to maximize returns to its shareholders above any other obligation.

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Concept

Shareholder Primacy

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Transcript mentions

  • Eric Ries00:55:02

    … Unfortunately, we live in the era of what's called shareholder primacy. Meaning that according to this theory, which is the governing theory of our lives that we live under this law today, right now, this says that an or...