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Freeman And Friedman's Argument Analysis

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Freeman And Friedman's Argument Analysis
Freeman and Friedman have very contrasting opinions on the goals and responsibilities of a business. Freeman supports the Stakeholder Theory in suggesting that anyone who has a stake in the firm deserves to be treated as a participating determining factor in the direction of a firm. They are not just a means to the end. Friedman pretty much says the opposite. He believes that businesses have no responsibility outside of those who have ownership in the company. In devising my own opinion, being part of the Millennial generation I feel that we lean more towards Freeman’s argument.
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