Shareholder Primacy And Global Business
Shareholder primacyGlobal business strategyCorporate governanceShareholder value maximizationMultinational corporations
Shareholder primacy, the principle that corporations should primarily serve the financial interests of their shareholders, significantly influences global business strategies. This paradigm impacts everything from supply chain management and international investment decisions to corporate social responsibility, often leading to a focus on short-term gains and potentially clashing with broader stakeholder interests in a diverse global economy.