3 Corporate Myths that Threaten the Wealth of the Nation

It’s time to restore corporate power to the people by blasting through the myths about how corporations should be run, and for whom.

We need to confront some powerful myths of corporate governance as part of a movement to make corporations work for the 99%. To start, we have to recognize these corporations for what they are not.

• They are not “private enterprise.”

• They should not be run to “maximize shareholder value.”

• The mega-millions in remuneration paid to top corporate executives are not determined by the “market forces” of supply ... Full Story »

Posted by Dwight Rousu
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Posted by: Posted by Dwight Rousu - Apr 6, 2012 - 7:53 AM PDT
Reviewed by: Dwight Rousu (review)
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Edited by: Dwight Rousu - Apr 6, 2012 - 7:56 AM PDT

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Dwight Rousu
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by Dwight Rousu - Apr. 6, 2012

It’s a myth that corporations have a legal duty to maximize profits to shareholders at the expense of everyone else. Historically, the executives and directors of ... More »

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