In their motions, Arjuna and Follow This further contend that, in pursuing the litigation, “Exxon has laid bare its true intention—to challenge how the SEC interprets and applies its own proxy ...

We will not know the lasting effects of COVID-19 on the global business community for some time, but the immediate impact has taught us many lessons about globalism, innovation, and the value of ...

Add Yahoo as a preferred source to see more of our stories on Google. It is also a common fallacy that Friedman’s shareholder primacy theory states that profits must be the sole purpose of a ...

The belief that the primary purpose of a business is to maximize profits for its shareholders is widely held across the country, from the boardrooms of the Fortune 500 to the classrooms of the ...

As Donald Trump nears his second presidency, the rhetoric of economic nationalism and deregulation returns to the forefront. His policies, coupled with cabinet picks drawn heavily from corporate ...

The New York Times this past Sunday ran an epic saga on the imminent demise of one of America’s iconic brands. This legendary retailer had a remarkable history of breakthrough innovations. Most ...

Since the 2008 financial crisis, a growing chorus of advocates and scholars have argued that corporations have a responsibility toward a number of different stakeholders, including their employees.

The COVID-19 pandemic has not only wrought untold human tragedy, it has laid bare the fault lines and fundamental brittleness of our global economic system. By the time we beat back the virus, ...

MILAN—This month, the Business Roundtable, a group comprising the CEO’s of America’s largest and most powerful corporations, formally abandoned the view that maximizing shareholder value should be a ...

The Border Tax Is Back, and It’s Still a Terrible Idea Are We All Marxists Now? Audio By Carbonatix Joe Biden and CEOs emphasize helping non-shareholder stakeholders, but they ignore how Friedman’s ...