Milton friedman views on the purpose of a corporation

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Compare and contrast Milton Friedman's views on the purpose of a corporation (that the only social responsibility a corporation has is to increase its profits) and R. Freeman's Stakeholder Theory of the Firm.

Where do the principal similarities and differences between the two lie? Which do you think is a better model for a corporation that values ethics throughout its operations and why?

Reference no: EM133167702

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