In this chapter, the authors take issue with both the prevailing principal-agent model of the
public corporation and the shareholder wealth maximization goal that underlies it. Because …

Background Vertebroplasty is commonly used to treat painful, osteoporotic vertebral
compression fractures. Methods In this multicenter trial, we randomly assigned 131 patients who …

… Lynn Stout does the world a great favor in exposing shareholder value theory for what it is:
flawed and damaging theory. Comprehensive yet brief, profound yet enjoyable, this is a must-…

A corporation is a collective enterprise. Shareholders and creditors provide financial capital,
while managers and employees offer up expertise, loyalty, and long hours. In making these …

… See also Blair & Stout, supra note 14, at 418-22 (discussing team production problem). … See
Blair & Stout, supra note 14, at 420 (discussing this contracting problem); Blair & Stout, supra …

In the typical American public corporation, power is dispersed among three key groups:
shareholders, the board of directors, and the company's executive officers, including its Chief …

… and not the only residual claimants); Blair & Stout, supra note 3, at 265-76 (arguing against
shareholder primacy using team production analysis). See also Stout, supra note 6, at 5-15 (…

Purpose : We challenge the requirement for routine placement of a nephrostomy tube
following percutaneous renal surgery. Materials and Methods : A total of 50 patients underwent …

… , eg, infra note 18 (noting the importance of interpersonal trust and controlling shareholders'
human capital investments in discouraging opportunism in closely held firms); Blair & Stout, …

During the 1970s and early 1980s, the Efficient Capital Market Hypothesis (ECMH) became
one of the most widely-accepted and influential ideas in finance economics. More recently, …