Reshaping capitalism at the Edinburgh home of its founder
Emerging consensus among academics holds that “maximizing shareholder value is a thoroughly bad idea,” according to attendees at a recent conference in Edinburgh at the home of Adam Smith, the famed father of capitalism. The issue, says Jay Barney, presidential professor and Pierre Lassonde chair of social entrepreneurship at the David Eccles School of Business, is that while we know how to fix this set of problems, it is unclear if we have the political will to do so.
Read more about the conference, and the ideas discussed there, in Forbes.