Business Chief Europe Magazine September 2023 | Page 52

LEADERSHIP | SHAREHOLDER VALUE

The importance of of shareholder value regional IPOs boom

The concept of shareholder value is changing , but with IPOs in the Middle East soaring , how can CEOs meet stakeholder expectations and deliver ?
WRITTEN BY : SCOTT BIRCH

When considering the future of shareholder value , we have to look at the history . You have to go back to the dark economic times of the 1970s – a period of global stagnation . Open the pages of The New York Times and you ’ ll find an essay by a certain Milton Friedman titled ‘ The Social Responsibility of Business is

52 September 2023