Maximizing Shareholder Value Still Matters the Most

Milton Friedman and money
Milton Friedman, 1976 Wikimedia Commons; money photo by Giorgio Trovato on Unsplash

On a scale of 1(strongly disagree) to 5 (strongly agree), how would you rate the following statement: “The primary goal of every public company should be to maximize shareholder value?” We recently posed…

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I’m a Finance prof, CFA, and author of In Pursuit of the Perfect Portfolio (with Andrew Lo). I write stories about investing. (I don’t give financial advice.)

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Stephen Foerster

Stephen Foerster

I’m a Finance prof, CFA, and author of In Pursuit of the Perfect Portfolio (with Andrew Lo). I write stories about investing. (I don’t give financial advice.)

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