Corporate shareholder value creation hinders economic growth, study finds.
The article explores how creating value for shareholders in companies affects economic growth. It looks at different ways to measure this value and finds that each industry has a specific measurement that works best. For example, market value added is best for some industries, while the Q ratio is better for others. Interestingly, increasing shareholder value can actually harm economic growth. This study is important because it shows how different industries create value for shareholders and how this impacts the overall economy.