Comments on: 25. “‘I Paid for this Microphone!’ The Importance of Shareholder Theory in (Teaching) Business Ethics” http://libertarianpapers.org/2009/25-levy-mitschow-shareholder-theory-in-teaching-business-ethics/ A Journal of Libertarian Scholarship Wed, 24 Apr 2013 18:59:49 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Tibor Machan http://libertarianpapers.org/2009/25-levy-mitschow-shareholder-theory-in-teaching-business-ethics/comment-page-1/#comment-1263 Tibor Machan Wed, 29 Apr 2009 15:13:34 +0000 http://libertarianpapers.org/?p=1017#comment-1263 Yes, shareholder theory has valuable implications “for society” but isn’t the main issue at hand private property rights? If I am a co-owner of a business, is it not my right to have a say in who will govern it and how it will be governed? Stakeholders are admittedly bystanders, as would be someone who is witness to a stranger’s good looks, but this confers no authority to have a say in that stranger’s decisions concerning his or her appearance.

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