Friedman’s idea that the CEO’s job is to take care of the shareholders’ interests, including the monetary ones, is a platitude.
It’s the exclusive focus on the monetary aspects and its short term-ism that constitute the malignancy of this venue.
Friedman’s idea that the CEO’s job is to take care of the shareholders’ interests, including the monetary ones, is a platitude.
It’s the exclusive focus on the monetary aspects and its short term-ism that constitute the malignancy of this venue.
nicichiarasa 
[…] had an earlier post about ‘shareholder value maximization’ were I argued that this notion has to be treated with the utmost of care. Here is a reminder of how […]
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