A talk with a Nobel Laureate Prof. Oliver Hart on “Voice vs. Exit”

Ayesha Atique
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Ayesha Atique: GCUF Alumna

No 2021:41, PIDE Webinar Brief from Pakistan Institute of Development Economics

Abstract: The debate commenced with a question which has recently become a hot topic in the U.S and Europe; what could be the suitable objective of a public company. In this regard, almost half a century ago, one of the most famous economists, Milton Friedman, asserted in the New York Times that corporations have just one social responsibility that is to make money for their owners. However, many people do not agree with this point of view of Milton Friedman.

Keywords: Talk; Nobel Laureate; Prof. Oliver Hart (search for similar items in EconPapers)
Pages: 5 pages
Date: 2021
New Economics Papers: this item is included in nep-his and nep-hpe
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