Article | HBS Alumni Bulletin | December 2012

Shareholder's Value?: Reassessing Investors' Functions

by Jay W. Lorsch and Justin Fox


This article examines the three functions shareholders are supposed to provide: money, information, and discipline.

Keywords: shareholders; investors; Business and Shareholder Relations;


Lorsch, Jay W., and Justin Fox. "Shareholder's Value? Reassessing Investors' Functions." HBS Alumni Bulletin 88, no. 4 (December 2012): 22.