– Read the articles and watch the video then discussion each question individually:
1- Reading: Friedman, The Social Responsibility of Business is to Increase Profits.
Is the Friedman thesis still relevant today?
2- Reading: Stout: The Myth of Shareholder Value
If you put yourself in the shoes of a shareholder would you embrace or reject Stout’s claims?
3- Do you think that the values which a firm incorporates into it’s daily operating practices are impacted by whether a firm explicitly focuses on profits as the sole goal or more broadly adopts a stakeholder approach?
– After you post the discussions, I will give you 3 opinions about the questions ( opinion for each question) discuss them.