Nugget: Why Shareowner Value?

Prem Watsa is one of those who has praised the quality of Roberto C. Goizueta´s article of the importance of shareholder value creation as a central mission for corporations.

“We have one job: to generate a fair return for our owners, who have entrusted their assets to us. Without focusing on that job, we fail. And an unfocused, unsuccessful company not only fails to deliver value to its owners, it is a drag on the rest of society. Healthy companies, by contrast, can contribute to society in a wide variety of ways.”

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