Faculty News | South China Morning Post | 25
Seeking a cure for capitalism
Re: Jay Lorsch
Justin Fox, who is editorial director of HBR Group, and Jay Lorsch, a professor at Harvard Business School, called their article "What good are shareholders?" The answer, several thousand closely considered words later, is "not much". The two authors paint a picture of deadlock and muddle when it comes to good corporate practice. "Executives complain, with justification, that meddling and second-guessing from shareholders are making it harder for them to do their jobs effectively," they say.