The person who arguably did the most to advance the idea was Michael Jensen, a professor at the University of Rochester Business School and later, a Harvard Business School professor with a coauthor he wrote in Harvard Business Review and elsewhere, he argued for, among other things, stock-based incentives that would neatly align CEO and shareholder interests, maximizing shareholder value became the mantra for every Fortune 500 CEO, achieve it or risk being pushed aside. With me to discuss the issue are Lynn Paine and Mihir Desai, professors at Harvard Business School, and Carola Frydman, corporate historian at Kellogg School of Management at Northwestern University.