John Kay, "The Corporation in the 21st Century: Why (Almost) Everything We Are Told about Business Is Wrong" (Yale UP, 2025)
New Books Network
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Shifting Business Priorities
This chapter examines the transformation of corporate priorities over the decades, contrasting historical focuses on innovation and excellence with today's emphasis on short-term shareholder value. Through analysis of major companies, it highlights the implications of prioritizing financial maneuvers over sustainable growth, leading to the decline of once-prominent firms. The discussion ultimately raises questions about the future of corporate ownership and the ongoing shift towards monopoly-driven business models.
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