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Erschienen in:
2015 | OriginalPaper | Buchkapitel
Introductory Remarks: The Traps of Maximizing Shareholder Value
verfasst von : Peter Verhezen
Erschienen in: The Vulnerability of Corporate Reputation: Leadership for Sustainable Long-Term Value
Verlag: Palgrave Macmillan UK
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Bad corporate behavior potentially blackens the corporate reputation of the firm, undermining the relationships and trust on which an organization is established. Trust is the glue that holds any group or organization together. Pursuing opportunistic profit maximization at any cost seems to be counterproductive if considered over a longer time period. A more nuanced framework may be more compelling and sensible, in which organizations embrace the goals of serving their customers and respecting their employees and society at large.