Sammy Jankis
Was it me?
http://finance.yahoo.com/college-education/article/106766/Is-It-Time-to-Retrain-B-Schools?
And in the 1970s, he said, the idea took hold that a company's stock price was the primary barometer of success, which changed the schools' concept of proper management techniques.
Instead of being viewed as long-term economic stewards, he said, managers came to be seen as mainly as the agents of the owners -- the shareholders -- and responsible for maximizing shareholder wealth.
"A kind of market fundamentalism took hold in business education," Professor Khurana said. "The new logic of shareholder primacy absolved management of any responsibility for anything other than financial results."
And in the 1970s, he said, the idea took hold that a company's stock price was the primary barometer of success, which changed the schools' concept of proper management techniques.
Instead of being viewed as long-term economic stewards, he said, managers came to be seen as mainly as the agents of the owners -- the shareholders -- and responsible for maximizing shareholder wealth.
"A kind of market fundamentalism took hold in business education," Professor Khurana said. "The new logic of shareholder primacy absolved management of any responsibility for anything other than financial results."