Lecture 3 Role of Corps 2013

A corpora0ons should maximise the value of the

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Unformatted text preview: operate within the rules of free markets: respect private property and consensual exchanges. Do not seek monopolies, lobby governments, or manipulate consumers. E. Corpora0ons as they currently exist are destroying society and the environment; we must get rid of them or change them into something else. 5 9/22/13 1. What is radical view of the proper role of corpora0ons? A. Corpora0ons should maximise the value of the corpora0on, shareholder value or profits. B. Corpora0ons should be good ci0zens; they should be run in a socially responsible fashion. C. Corpora0ons should be closely regulated and controlled b...
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