TABLE OF CONTENTS

Preface

Introduction: "The Dumbest Idea in the World"

Part One: Debunking the Shareholder Value Myth

Chapter 1: The Rise of Shareholder Value Thinking

Chapter 2: How Shareholder Primacy Gets Corporate Law Wrong

Chapter 3: How Shareholder Primacy Gets Corporate Economics Wrong

Chapter 4: How Shareholder Primacy Gets the Empirical Evidence Wrong

Part Two: What Do Shareholders Really Value?

Chapter 5: Short-Term Speculators Versus Long-Term Investors

Chapter 6: Keeping Promises to Build Successful Companies

Chapter 7: Hedge Funds Versus Universal Investors

Chapter 8: Making Room for Shareholder Conscience

Conclusion: "Slaves of Some Defunct Economist"

Notes

Index

About the Author