Discussion about the friedman shareholder theory


Problem: Freeeman says that "management must look after the health of the corporation, and this involves balancing the multiple claims of conflicting stakeholders"

He goes on to say that there is a duty to pay returns to owners because "their support is necessary for the survival of the firm"

Explain what this line of reasoning has in common with Friedman's shareholder theory.

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Microeconomics: Discussion about the friedman shareholder theory
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