VBM Thought Leader: Allan
Kennedy
The End of Shareholder Value -
The Real Effects of the
Shareholder Value Phenomenon and the Crisis it is Bringing to Business
About Allan A. Kennedy: biography / resume / curriculum vitae
Allan Kennedy is a
writer and a management consultant living in Boston, Massachusetts.
Kennedy consults
a wide variety of organizations in the United States and Europe.
He was formerly the
president of a microcomputer software company and a partner of several major
consulting firms.
Kennedy has also
co-written with Terence e. Deal: "Of Corporate Cultures and The New
Corporate Cultures". Alan A. Kennedy lives in Boston, Massachusetts.
About The End of Shareholder Value
"The End of
Shareholder Value" is a highly critical book to the shareholder value
philosophy, making a compelling case for the broadening of corporate
purpose, objectives and values. Kennedy predicts (2000) clearly and
convincingly how he expects the various stakeholder groups will react to the
shareholder value philosophy if implemented in an imbalanced and one-sided
way.
These stakeholder
groups are:
1.
Employees,
2.
Government,
3.
Suppliers,
4.
Customers.
A classic already,
bearing in mind what Bernard Shaw once wrote: "A man never tells you
anything until you contradict him", this book is a "must" for any top
manager or board director.
See also:
Value Based Management
and corporate purpose? |
What is the shareholder value perspective? |
Difference stakeholder value perspective?
| Freeman, Corporate Strategy and the Search for
Ethics | OECD corporate governance sustainable
development |
Business
Roundtable - Corporate Governance responsibilities accounting standards
| de Jonge,
The
value of a corporation: shareholder and stakeholder thinking
|
