This review critiques shareholder primacy in private equity's impact on hospitals and housing, suggesting ethical leadership is essential.
This review examines Bad Company by Megan Greenwell, which exposes how private equity firms dismantle essential institutions—such as hospitals, housing, and journalism—in pursuit of profit. It highlights the book’s relevance for management educators, especially in ethics, strategy, and public policy. By critiquing shareholder primacy and advocating for stakeholder-based leadership, the review positions the book as a timely resource for courses focused on responsible capitalism, governance, and systemic impact.
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Paul H. Jacques (2025) studied this question.
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