I asked Prof. Bainbridge whether I could cross-post this from Corporate Finance Lab, and he kindly agreed: What is the purpose of a corporation? Is it, as Nobel Economics laureate Milton Friedman ...

In the last two decades, though, there are many who have argued that maximizing value and stockholder wealth is far too narrow an objective, for businesses, because it puts shareholders ahead of the ...

The health of a population is dependent upon a wide variety of factors—environmental conditions, lifestyle choices and behaviors, genetics, and many more. But in their latest book, Building the Worlds ...