🌟 [ 37 ]   Maximizing Shareholder Value [ @How Money Works ]

Remove your personal information from the web at JoinDeleteMe.com/HMW and use code HMW for 20% off Sign up for my FREE newsletter! - [ 🔗 Click ‼️ ] Support me on Patreon - [ 🔗 Click ‼️ ] - My Other Channel: @HowHistoryWorks Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact [email protected] Sign up for my newsletter [ 🔗 Click ‼️ ] All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #business #investing #finance Business decisions made in the interest of “maximising shareholder value” have caused mass layoffs, environmental catastrophes, an endless list of corporate frauds, and record inequality in the workplace. The very same CEO who made millions of dollars by being the first champion of “maximising shareholder value” in the 60’s called it the dumbest idea in the world, and something that could rot capitalism to its core. But worst of all! Maximising shareholder value… isn’t even good for the shareholders… If you hate your job here is a history lesson for you that might make it start to make sense. In 1916 the Ford Motor company had revolutionized the automobile industry with the ford Model T. Henry ford the founded and majority stockholder of the company wanted to use the surplus cash they had accumulated to build additional plants and hire even more workers to build even more cars. Ford had also famously, and controversially raised factory workers wages significantly and offered benefits like the forty-hour work week. In press interviews Ford spoke about his plans for the company. “My ambition is to employ still more men, to spread the benefits of this industrial system to the greatest possible number, t .

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