Return on Ideas

In the 70’s, Harvard Business School professor, William E. Fruhan, advanced the postulate that the single, overriding obligation of a business is maximization of shareholder wealth. Under this theory, the corporation is not responsible for social or environmental costs beyond those incurred as a result of unavoidable regulation or those that can somehow be justified as increasing the return on capital. As the corporation is supposed to be socially agnostic, discretionary investments are choices left to be made by shareholders with their returns.  Continue »

BLOOM!

July first rolled around and so has summer! The temperatures have been consistently in the 80’s for the last 6 days bringing flowering with it!  Continue »