Some years ago, James Montier wrote a great paper called – The World’s Dumbest Idea, that explored the problems surrounding the concept of shareholder value and its maximization saying: “Before you ...

Bitfarms (TSE:BITF) has released an update. Bitfarms Ltd. has issued a statement affirming its commitment to maximizing shareholder value amid unsolicited acquisition proposals, particularly ...

Eileen Drake (the CEO of Aerojet Rocketdyne (NYSE: AJRD)) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization today issued a comprehensive presentation ...

Yesterday Warren Lichtenstein, Executive Chairman of Aerojet Rocketdyne, released another letter designed to obscure the reasons underpinning a proxy fight he launched – his failures as a chairman and ...

I asked Prof. Bainbridge whether I could cross-post this from Corporate Finance Lab, and he kindly agreed: What is the purpose of a corporation? Is it, as Nobel Economics laureate Milton Friedman ...