Abstract

Much of the business literature suggests that firm performance should be measured in financial terms, based on the notion that the primary obligation of a corporation is to provide high shareholder returns. An alternative literature is emerging in which scholars identify the many weaknesses associated with shareholder primacy, and offer alternative performance measures that are focused on a broader set of stakeholders. One such publication was provided to high-­‐level executives in large companies. The executives were then given the opportunity to critique the paper and to discuss the extent to which their firms are engaging in the types of performance measurement activities contained therein. This proposal is a direct response to the call by SMS leaders to engage practitioners in useful dialogues within our Society.

Document Type

Article

Publication Date

4-16-2015

Click below to download supplemental content.

Home Depot.pdf (117 kB)
Home Depot Laughton Discussion

Luck Companies.pdf (125 kB)
Luck Companies Fernandes Discussion

McKinsey & Company.pdf (112 kB)
McKinsey & Company Maalouf Discussion

MeadWestvaco.pdf (90 kB)
MeadWestVaco Watkins Discussion

SunTrust Banks.pdf (125 kB)
SunTrust Banks DeLorier Discussion

Unum Group.pdf (112 kB)
Unum Group WatjenFoley Discussion

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