The Free-Market System Is the Best Guide for Corporate Decisions
If some of the current consequences of business activity are in conflict with the public interest, the fault lies not with the free enterprise system, a mechanism of almost incredible effectiveness in matching available resources against consumer preferences, but rather with a lack of adequate infor...
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| Veröffentlicht in: | Financial analysts journal 1971-09, Vol.27 (5), p.26-73 |
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| Format: | Artikel |
| Sprache: | eng |
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| container_end_page | 73 |
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| container_issue | 5 |
| container_start_page | 26 |
| container_title | Financial analysts journal |
| container_volume | 27 |
| creator | Heyne, Paul T. |
| description | If some of the current consequences of business activity are in conflict with the public interest, the fault lies not with the free enterprise system, a mechanism of almost incredible effectiveness in matching available resources against consumer preferences, but rather with a lack of adequate information about these consequences in an urbanized, industrialized high-technology society. There are no grounds for assigning the professional investor any special responsibility for the public interest, because he is no better informed about these consequences than anyone else. |
| doi_str_mv | 10.2469/faj.v27.n5.26 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0015-198X |
| ispartof | Financial analysts journal, 1971-09, Vol.27 (5), p.26-73 |
| issn | 0015-198X 1938-3312 |
| language | eng |
| recordid | cdi_proquest_journals_219204634 |
| source | JSTOR; EBSCOhost Business Source Complete |
| subjects | Businesspeople Corporations Decision making Economic resources Economic systems Financial advisers Free enterprise Investors Public interest Social responsibility The Investor's Guide to the Issues in Social Responsibility |
| title | The Free-Market System Is the Best Guide for Corporate Decisions |
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