Business, 16.11.2019 02:31 galfaro19

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.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 12:30

Diener and wallbom (1976) found that when research participants were instructed to stop working on a problem after a bell sounded, 71 percent continued working when left alone. how many continued to work after the bell if they were made self-aware by working in front of a mirror?

Answers: 2

Answer

Business, 22.06.2019 14:10

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?

Answers: 1

Answer

Business, 22.06.2019 17:10

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)

Answers: 3

Answer

Business, 22.06.2019 21:30

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach

Answers: 3

Answer

You know the right answer?

Consider this reasoning:

because the executive is diverting some of the profits that ri...

Questions