John C. Bogle highlights the challenges associated with the rise of institutional investors and the concentration of stock ownership. He seeks to answer the question, What is the public interest that the modern corporation should serve? Bogle’s final article published in the Financial Analysts Journal provides ideas and suggestions for achieving a modern capitalism that places fiduciary duty and the public interest first.
The Modern Corporation and the Public Interest – Financial Analysts Journal
John C. Bogle highlights the challenges associated with the rise of institutional investors and the concentration of stock ownership. He seeks to answer the question, What is the public interest that the modern corporation should serve?
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