I have just been reading Robert Peston’s book Who Runs Britain? I recognised many parallels with Who Runs Business? With the Internet expanding the voice of shareholders across blogs, news sites and forums, is logical decision making being crowded out by shareholder pandering to silence the hounds.
Just how much time is spent in business fluffing a shield around reality to reduce it to a something more readily digestible to the shareholder. Have we gone too far in giving the shareholder more power than the CEO and his/her executive team?
When we look at the forces exerted on a business every day, they not only exceed in number those forces experienced 20 years ago, but they are of greater magnitude and are infinitely more complex. Yet shareholders demand that the response be fast, profitable and socially responsible.
I have just been reading Robert Peston’s book Who Runs Britain? I recognised many parallels with Who Runs Business? With the Internet expanding the voice of shareholders across blogs, news sites and forums, is logical decision making being crowded out by shareholder pandering to silence the hounds.
Just how much time is spent in business fluffing a shield around reality to reduce it to a something more readily digestible to the shareholder. Have we gone too far in giving the shareholder more power than the CEO and his/her executive team?
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