Activist Investing Today: Goodwin On Friedman Doctrine and CEO Lobby’s Stakeholders Push

The Deal
30/08/2019 19 min
Activist Investing Today: Goodwin On Friedman Doctrine and CEO Lobby’s Stakeholders Push

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Episode Synopsis

Goodwin On CEO Lobby’s ‘Stakeholders’ Push -The chief of the Applied Corporate Governance Institute told The Deal that Milton Friedman’s 1970 doctrine of shareholder primacy is misunderstood and that the Business Roundtable’s recent ‘stakeholders’ statement of purpose may have a hard time enduring the next recession.

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