Chassagnon and Hollandts (2014), in the title of their paper on the ownership of the firm, pose the provocative question: Who are the owners the firm: shareholders, employees or no one? How would you answer this question? Comment briefly on how your answer to this question would affect your view of the merits of shareholder value maximisation as the main goal of large publicly owned corporations? Explain and illustrate your answer in more than 2,500 words.