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Matt Levine on shareholder value - Party at the Moontower
Matt Levine discusses: Traditional and progressive views of the role of corporations How a narrow desire to raise shareholder value keeps frauds from capitalizing on investors who appeal to higher causes. Compartmentalizing your job from your personhood as a necessary convenience https://www.bloomberg.com/view/articles/2018-09-27/shareholder-value-could-be-worse Primacy of Corporate profits Friedman, along with Michael Jensen and William Meckling, is probably … Continue reading Matt Levine on shareholder value →