Point of View # 110

To Succeed, A Company Must Serve More Than its Shareholders

1. Friedman Doctrine

2. Fighting capitulation

3. 1970s corporate battles

4. 1950s corporate raiders

5. Milken and Icahn

6. Legal duty

7. No legal duty to maximize shareholder value

8. Activist hedge funds

9. Stakeholders

10. Boeing

11. Apollo

12. Private Equity Stakeholder Project

13. PESP report on Apollo