Consider this reasoning:
because the executive is diverting some of the profits that ri...
Consider this reasoning:
because the executive is diverting some of the profits that rightfully belong to the shareholders and using them for purposes other than the shareholders directed, an executive who uses some profits fore addressing corporate social responsibility is actually "taxing" the shareholders.
which of the following do you think would best represent milton friedman's view of this reasoning?
a) he would agree with it, because he argues that the purpose of business is to maximize profits for shareholders.
b) he would agree with it, because he believes that shareholders should be taxed.
c) he would neither agree nor disagree with it.
d) he would reject it, because he believes that all corporations--like people--have moral and social responsibilities.
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