In "The Shareholder Value Myth," Lynn Stout embarks on a compelling crusade against the widely accepted doctrine that corporations' ultimate goal is to maximize shareholder value. With incisive analysis and engaging prose, Stout dismantles the belief, long held and championed by the business community, that corporate law demands an unwavering focus on shareholder profits. Through her expert lens, readers are introduced to the detrimental impacts this ideology has not just on investors, but on society at large. Stout argues that the obsession with short-term gains undermines sustainable growth, stifles innovation, and compromises the welfare of employees, customers, and the environment. Stout does not merely critique; she offers a vision for the future. Exploring new paradigms of corporate purpose, she advocates for models that prioritize long-term health and societal well-being over fleeting earnings. "The Shareholder Value Myth" is a clarion call for a radical rethinking of corporate governance. It challenges leaders, policymakers, and the public to reconsider what truly constitutes corporate success. This book is an essential read for anyone concerned with the future of business and the moral implications of corporate decision-making.