Shane Goodwin, the chief of the Applied Corporate Governance Institute, says 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 withstanding the next recession.
Our own Chris Nolter spoke to Activist Investing Today about prospects for an acquisition of Sony's entertainment assets now that Third Point's Dan Loeb seems out to shake things up at the Japanese multinational.
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