Quote by Milton Friedman

So the question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible? And my answer to that is, no they do not.

So the question is, do corporate executives, provided they s

Summary

This quote suggests that corporate executives have no responsibilities beyond generating maximum profits for their stockholders. It implies that as long as they operate within legal boundaries, they are not obligated to consider broader ethical, social, or environmental impacts. This viewpoint takes a narrow approach to business, prioritizing shareholder wealth above all else, and disregarding the potential responsibilities that executives could have in creating positive impacts on society.

By Milton Friedman

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