Monthly Archives: July 2016

The Purpose of the Corporation – New Rules

The purpose of the corporation is arguably two-fold:  To create customers, by making promises and to keep customers, by keeping promises.   The goal seems clear:  to win.   The question is, at what cost?  What are the rules of the game that determine a fair win?    Shouldn’t the modern corporation abide by a set of bylaws that maximize the benefits of

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