4 min read.Updated: 18 Feb 2020, 10:56 PM ISTDani Rodrik
The theory of the firm that places the investor at the helm rests on a fictional foundation
Firms are the cornerstone of the modern economy. The bulk of production, investment, innovation, and job creation takes place within them. Their decisions determine not only economic performance, but also the health and well-being of a society. But who should govern firms, and on whose behalf should those decisions be made?
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