2003/05/01 by Gerald F. Davis · 2 citations
Business, Management and Accounting · #Corporate Finance and Governance #Management and Organizational Studies
paper · pdf · doi:10.1525/ctx.2003.2.3.34
openalex publication_date 2003/05/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/05/22
“Shareholder value” was the sacred mantra of American business in the 1990s. But creating shareholder value can be a fickle undertaking and corporate executives often followed the lead of their colleagues. The result was a contagion of questionable business practices that resulted in the creation of a corporate bubble—and its implosion.