In her recent book, The Shareholder Value Myth, Professor Stout argues that corporations place too much emphasis on increasing their stock price at the expense of long-term value creation. In this presentation, she will attempt to debunk the widely held belief that corporate law mandates shareholder primacy. She will demonstrate how shareholder value thinking endangers investors and other stakeholders.
Professor Adler will respond to these arguments, defending the importance of the centrality of shareholder value. He will also provide insight into the debate by drawing on his own work in the field of bankruptcy. The program will be followed by a networking reception.
WHAT: “The Shareholder Value Myth”
WHEN: 6 p.m. – 8 p.m., Wednesday, November 13
WHERE: Baruch College, Information and Technology Building, 151 E. 25th St., Room 750
About Baruch College:
Baruch College is a senior college in the City University of New York (CUNY) with a total enrollment of more than 17,000 students, who represent 160 countries and speak more than 100 languages. Ranked among the top 15% of U.S. colleges and the No. 4 public regional university, Baruch College is regularly recognized as among the most ethnically diverse colleges in the country. As a public institution with a tradition of academic excellence, Baruch College offers accessibility and opportunity for students from every corner of New York City and from around the world. For more about Baruch College, go to http://www.baruch.cuny.edu/.
Manny Romero, (646) 660-6141, firstname.lastname@example.org
Celene McDermott (646) 660-6134, email@example.com