University, College and High School levels
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Latest notes & summaries University, College and High School levels
Social responsibility of the corporate sector is eyewash. As Friedman argued that directors are expected to “fulfill their fiduciary duty to act in the shareholders’ interest” so any attempt “for corporate social responsibility is in direct opposition, in such cases, to the movement for better corporate governance"
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University, College and High School levels•Social Sciences
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Capitalism and Freedom • Milton Friedman• ISBN 9780226264189
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Social responsibility of the corporate sector is eyewash. As Friedman argued that directors are expected to “fulfill their fiduciary duty to act in the shareholders’ interest” so any attempt “for corporate social responsibility is in direct opposition, in such cases, to the movement for better corporate governance"
The Modern World-System is faced with a changing scenario where maintenance and management of manpower demand higher expenses since skilled labor cannot directly be obtained. The mine proprietors acknowledged a share of their products to the volunteer laborers due to the fall in the value of silver worldwide, as Modern World-System argues, as a part of their strategy to alleviate the menace associated with the formation and accrual of funds, “a mode of risk- minimization”
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University, College and High School levels•Political Science
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The Capitalist World-Economy • Immanuel Wallerstein• ISBN 9780521293587
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The Modern World-System is faced with a changing scenario where maintenance and management of manpower demand higher expenses since skilled labor cannot directly be obtained. The mine proprietors acknowledged a share of their products to the volunteer laborers due to the fall in the value of silver worldwide, as Modern World-System argues, as a part of their strategy to alleviate the menace associated with the formation and accrual of funds, “a mode of risk- minimization”