Is There a Crisis in the Economic Theory of the Firm? Participants at Harvard Business School Conference Agree: Firms Try to Change the Rules of the Game

A novel conference at Harvard Business School brought together top scholars in order to answer the question: Is Milton Friedman’s dictum that firms that maximize shareholder value maximize social value as well still relevant in a post-Citizens United world?  

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The Insider’s Guide to the Regulatory Game: Anonymous Source in the Pharma Industry in a Series of Columns on the Inner Workings of the Industry

Sitting across the table from me was Brad  (not his real name), a top sales representative at a large pharmaceutical company. I asked him about the receipts for over $2000 in gift certificates to a Michelin star restaurant, expensed to the company, that were lying on the table.

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