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Working Paper Series in Finance
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Title Companies Should Maximize Shareholder Welfare Not Market Value

Author(s) Oliver Hart Harvard University, NBER and ECGI Luigi Zingales University of Chicago, NBER, CEPR and ECGI
Date August 2017
Serial No Finance Working Paper No. 521/2017
Keywords Firm Objective, Shareholder Value, Prosocial, Friedman
Abstract From the SSRN website
Download From the SSRN website
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