Ashley would like to propose to the board of directors of Mountain Corporation that it distribute eight percent of its pre-tax yearly income to provide housing to homeless veterans.To Milton Friedman,Ashley's proposal would be considered unethical,because it violates the purpose for which the corporation was established.

Question

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According to Milton Friedman's view, the purpose of a corporation is to maximize profits for its shareholders, and any actions that deviate from this goal could be considered unethical. Ashley's proposal, to distribute a portion of the corporation's income to provide housing to homeless veterans, does not align with this purpose and therefore would be considered unethical by Friedman.

Ashley Would Like to Propose to the Board of Directors