Jack Welch Renounces Increasing Shareholder Value: Pigs Fly
First it was Saul on the road to Damascus. More recently, it was Alan Greenspan. Yesterday, Jack Welch seems to have had a conversion. Speaking with the Financial Times, Welch said: Jack Welch, who is regarded as the father of the “shareholder value” movement that has dominated the corporate world for more than 20 years, […]