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 [...]