Just in case, you were confused about the real purpose of a firm…and, no, it’s not simply maximizing returns for…

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Just in case, you were confused about the real purpose of a firm…and, no, it’s not simply maximizing returns for shareholders. This article does a nice job of summarizing the case against shareholder primacy.

https://www.nakedcapitalism.com/2017/08/original-shareholder-value-article-milton-friedman-gm-build-clunky-cars.html
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