![Stakeholder orientation instead of shareholder capitalism? A contradiction [1]](http://wirtschaftlichefreiheit.de/wordpress/bilder/buch-1.png "Stakeholder orientation instead of shareholder capitalism? A contradiction [1]")
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“The social responsibility of business is to increase its profits.” (Milton Friedman) Companies and their (equity) investors often do not enjoy a good reputation in Germany. Crises and scandals are increasingly triggering criticism of market economy processes among the population and the media. The focus of the collective system scolding is often the term “shareholder value”, which has been used since the …
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