Revisiting Milton Friedman’s Critique of Stakeholderism
Nobel Prize winning economist, Milton Friedman smiles after autographing a book before the start of a conference honoring he and his wife, Rose, hosted by the Federal Reserve Bank of Dallas. (Photographer: Jon Freilich/ Bloomberg News)

Revisiting Milton Friedman’s Critique of Stakeholderism

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(Bloomberg Businessweek) -- Exactly 50 years ago, economist Milton Friedman argued that corporate boards should focus on maximizing shareholder value and not get wrapped up in trying to achieve oth...
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