Adolf Berle argued against public responsibility of a corporation on the basis of _________.

Question

Adolf Berle argued against public responsibility of a corporation on the basis of  _________.

Quizplus · Accepted Answer

Adolf Berle argued against the idea that corporations have a public responsibility on the basis of excessive managerial power. He was concerned that managers, who were not owners, had too much control over the companies and their operations, which could lead to decisions not in the best interest of the shareholders.

Adolf Berle Argued Against Public Responsibility of a Corporation on the Basis