Mar
20

Should executives take an oath of office?

by  Jane Perdue  |  Everything Else

Forty-four years ago, economist Milton Friedman changed the way corporations did business with his declaration that “there is one and only one social responsibility of business — to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.”

Power-suited corporate executives turned their attention to increasing stock prices, upping dividend payments and boosting earnings, all as part of maximizing shareholder value.

Read more here.

What’s Next? Please leave a comment below to join the conversation…

About The Author

Articles By jane-perdue
I’m a leadership futurist and well-mannered maverick who challenges stereotypes, sacred cows, gender bias & how we think about power. Love chocolate, TED, writing, kindness, paradox and shoes.  »  View Profile

What People Are Saying

There are no comments yet, why not be the first to leave a comment?

Join The Conversation