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by throw0101a 991 days ago
> Corporate raiding is nothing new

How prevalent was it from the 1940s to the 1970s?

One of the larger issues that is causing problems is the misnomer of "maximizing shareholder value" which took hold in the late-1970s and especially the 1980s (unsurprisingly the same era as Reagan).

* https://corpgov.law.harvard.edu/2012/06/26/the-shareholder-v...