Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

[...] the poor stewardship and excesses of managers and how it was Wall Street investment bankers who realigned managers to their true purpose of increasing shareholder value. If a CEO did not do what was good for the stock price, then he or she was being self-serving and the only way to guard against management self-interest was to tie compensation (via stock options) to the stock market. In this worldview, corporations exist for the sole benefit of shareholders, and any attempt to separate shareholder interests from those of the corporation was selfish and nonsensical. Although in the modern history of capitalism in the United States, the desire for profit accumulation is not new, what is clearly unique about Wall Street's shareholder value perspective is that employment is thought to be outside the concern of public corporations. Job loss was certainly a sad event, but beyond the responsibility of corporate America. [...]

—p.128 Wall Street Historiographies and the Shareholder Value Revolution (122) by Karen Ho 4¬†years, 10¬†months ago