The sentiment that Milton Friedman expressed in an article published in 1970-that the firm is an economic enterprise first,foremost,and only-has become widely accepted.

Question

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While Milton Friedman's view that a firm's primary responsibility is to its shareholders has been influential, there is growing acceptance of stakeholder theory, which considers the interests of all stakeholders, not just shareholders.

The Sentiment That Milton Friedman Expressed in an Article Published