News | Sept. 7, 2021

Shareholder Versus Stakeholder: Corporate National Security Responsibility

By Dr. Paul Krugman INSS Speaker Series

Summary

As the economic competition between the United States and China intensifies companies find themselves caught in the crossfire. Western companies hesitate to offend China and possibly lose access to China’s “super-large market.” They are accused of having “corporate Stockholm Syndrome.” At the same time, they must be careful of crossing the national security redlines imposed primarily by the United States. Milton Friedman argued that a company’s only responsibility is to its shareholders. Recently companies have accepted that they have certain social responsibilities; do they also have national security responsibilities?

Speaker Bio

Shareholder Versus Stakeholder: Corporate National Security Responsibility
Shareholder Versus Stakeholder: Corporate National Security Responsibility
Shareholder Versus Stakeholder: Corporate National Security Responsibility with Dr. Paul Krugman
Photo By: NDU Press
VIRIN: 211220-D-BD104-1007

Dr. Paul Krugman is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times. Dr. Krugman is the recipient of the 2008 Nobel Prize in Economics.