Unformatted text preview: currently work there? Where will they go? Because these people work in this bank, could they spread a bad name for the bank if they get fired? Friedman would say, in this case, that INB should do what is best for the company. The town can get by on its own. His solution to the problem would be just to remove the branches in question. Freeman’s stakeholder theory leads me to the same conclusion in this case because Freeman says that managers should be unconstrained, and in such a poor community, they are not unconstrained, and especially not in the Banking industry. There are so many laws and regulations put in place by the FED that “unconstrained managers” are something one could only dream about....
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- Spring '08
- Monetary Policy, Federal Reserve System, Inland Bank case, Inland Bank