Conference: Can We Move Beyond Shareholder Value as a Principle of Firm Governance?
On Wednesday, May 22 Professor Rolf Strom-Olsen (Academic Director of Humanities Studies at the IE Humanities Center) will run the online conference “Can We Move Beyond Shareholder Value as a Principle of Firm Governance?”
Dr. Strom-Olsen explained his lecture in the following words: “Since the 1970s and the rise of institutional investors as the dominant force in equity markets, shareholder value, whether as an iterated or a de facto principle, has become the focal point of governance for publicly-traded firms.
In this talk, I will consider the history of shareholder value theory and examine the consequences, both in terms of direct firm outcomes, as well as associated social costs. At the end of the conference, we will consider whether we should move beyond shareholder value as an ideology for corporate governance.”
Dr. Rolf Strom-Olsen has been with the faculty of IE University since 2009 and has been teaching a core course entitled “Critical Management Thinking” in the MBA program since 2011. He received his PhD in History from Northwestern University.