Here is a memo some colleagues have worked on in order to open up the debate on the Purpose of the Corporation. More specifically, they have discussed the Maximizing Shareholder Value (MSV) principle that has become central to many debates in the field of corporate governance. 

To bring the debate forward, they have asked leading scholars to prepare a brief (2 page) document that delivers a state of the art with regard to MSV in the domains of Company Law, Economics, Accounting, Politics, and Management.

These documents will be the basis for a debate with NGOs, politicians, trade unions, and business representatives in the European Parliament building in February, and will be central to an effort to put Maximizing Shareholder Value and its effects on the political agenda.

Attached is a short statement about Management in relation to Maximizing Shareholder Value. If you agree to this statement, I invite you to join the signatories by sending an email to Jeroen Veldman at veldmanj@cardiff.ac.uk.