Executives should be incentivized on different values -- not just shareholder value , Spicer argues . Corporations with strict focus on high shareholder value tend to employ managers with short - term commitment . The corporation itself needs to take active steps to repudiate a broad culture where share price is the only thing which matters . He argues that impacts on customers , suppliers , communities and employees all need to be discussed .
Executives should be incentivized on different values -- not just shareholder value , Spicer argues . Corporations with strict focus on high shareholder value tend to employ managers with short - term commitment . He argues that impacts on customers , suppliers , communities and employees all need to be discussed .