Faculty News | New York Times | 11 Aug 2012
Down With Shareholder Value
Re: Jay Lorsch
Lorsch, for his part, says that he believes that "the function of business in a society is not just a return to investors, but to provide goods and services, provide employment, pay taxes, and so on." A half-dozen other business school professors I spoke to held similar views. To the extent this new movement is taking root, it is in business schools.

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