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27 Sep 2011, 2:51 pm
Since my views on that subject remain unchanged and simple--to quote Milton Friedman,The Social Responsibility of Business is to Increase its Profits, I'm going to follow the hallowed academic conference practice of ignoring the question and talking about what I want to talk about instead. [read post]
20 Aug 2019, 3:11 am
Bye-bye Milton Friedman’s decades-old theory to “maximize value for shareholders. [read post]
5 Aug 2017, 5:37 pm
Examine the relationship between corporate law in states and corporate social responsibilities, understanding their overlap and distinguishing scope. 3. [read post]
12 May 2009, 2:44 pm
Over time, corporate decision makers - as well as law students - can get caught up in the notion that people have a right to whatever they are willing to pay for, and that shareholders have a right to expect managers to give it to them -- so long as there is profit in supplying whatever it is that consumer want and, as Milton Friedman would say, their actions do not violate the rules of the game. [read post]
6 Aug 2014, 6:02 am
The opposite view on CSR begins with Milton Friedman’s (1970) well-known claim that "the only social responsibility of corporations is to make money". [read post]
31 Jul 2013, 4:16 pm
BESSEMER TRUST COMPANY OF FLORIDA, INC., as personal representative of the Estate of Milton Grant, Appellee. 4th District. [read post]
1 Oct 2009, 9:46 am
As an initial matter, the handbook included some contrarian advice from founders, some of which challenged the profit-maximization norm, such as that from the Container store founder who said to forget the Milton Friedman notion that the only reason a corporation exists is to "maximize the return of the shareholder. [read post]
21 Aug 2019, 2:55 am
Tags: corporate governance, WO writings [read post]
22 Mar 2007, 9:56 am
With a rhapsodic essay about John Milton and James Madison, and a bracing reminder of the evils of the Star Chamber and the Alien and Sedition Acts, a Wisconsin advocacy group on Thursday urged the Supreme Court to take away the government's power to ban campaign season radio and TV ads by corporations and labor unions using their own money. [read post]
11 Sep 2018, 10:55 am
And we can do it without mandatory federal incorporation infringing on state corporation law or state corporate governance jurisprudence. [read post]
22 Dec 2021, 11:00 am
Milton. [read post]
7 Sep 2010, 7:10 pm
WITF, the Harrisburg NPR affiliate, reports that Protect the Hersheys' Children (PHC), a Pennsylvania not-for-profit corporation, submitted a nine-page letter to the Internal Revenue Service, the Pennsylvania Department of Banking, and the two senior members of the Sentate Finance Committee... [read post]
24 Oct 2009, 7:23 pm
In a piece on the Galleon hedge fund insider trading case, The Economist's lead begins: MILTON FRIEDMAN argued for legalising insider trading on the grounds that it benefited all investors by quickly disseminating new information. [read post]
21 Mar 2010, 2:50 pm
In the game of "Life," (the Milton Bradley version, mind you) each piece of paper money bears the image of a fanciful character. [read post]
23 Jun 2010, 8:28 am
You end up with a sort of Corporate Alzheimers, where big holes develop in [the] long term memory of the company. [read post]
13 May 2010, 1:30 pm
Corporations in the US, for example, may develop a new drug and take out a patent on that drug. [read post]
10 Aug 2022, 7:07 pm
The term “corporate social responsibility” is still widely used even though related concepts, such as sustainability, corporate citizenship, business ethics, stakeholder management, corporate responsibility, and corporate social performance, are vying to replace it. [read post]
7 Aug 2017, 8:53 am
The U.S. has both an individual income tax and a corporate income tax: therefore, there are both individual and corporate tax expenditures. [read post]
'Shareholders at the gates’: Economist Luigi Zingales urges greater investor control of corporations
27 Aug 2020, 5:00 am
In this model, developed most prominently by economist Milton Friedman, the only social responsibility of a business, beyond complying with the law and rules of society, is to increase its profits. [read post]
29 Mar 2010, 6:19 am
Editor’s Note: This post comes to us from Milton Harris, Professor of Finance and Economics at the University of Chicago, Christian Opp, Ph.D. [read post]
