M. Friedman's scientific contributions

Citations

... CSR-CFP relationship is ambiguous. Although a majority of empirical studies are in favor of a positive link (Jeong et al. 2018;Chuang and Huang, 2018;Ghaderi et al. 2019;4 other than maximizing the shareholder value (Friedman, 1970). The agency model supports the hypothesis that a company engaging in low CSR is more efficient and profitable. ...