Is there a conflict between the pursuit of shareholder value and sustainable economic growth?

PLEASE NOTE
The EBF site is dead. If you click through you will be taken to the Internet Archive site to find an archived copy.

The 2003 PricewaterhouseCoopers Global Shareholder Value Award was held in partnership with EBF and Financial News. The competition, on the topic ‘Is there a conflict between the pursuit of shareholder value and sustainable economic growth?’ attracted submissions from more than 120 academics, consultants, business executives and students from 40 countries. Here are the top three entries.

Editor’s Note: interested in what the judges themselves and other distinguished commentators think? To find out, EBF chaired a roundtable discussion in Amsterdam which took as its starting point the ideas in the winning article. Find a short, edited version of parts of the debate at:
http://web.archive.org/web/20040626183409/http://www.ebfonline.com/main_feat/trends/trends.asp?id=478

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