all of which can be loosely gathered under the umbrella of the social responsibility movement in business. milton friedman 1962.perhaps the most prominent exponent of the stockholder school of thought, has argued that the objective of business is to return value to its owners, and that to divert the objective to other ends is to expropriate shareholder value and threaten the survival of the enterprise. also, the stockholder view would aegue that,if all the companies deviated,the price system would cease to function well as a carrier of information about the allocation of resources in the economy.the stockholder view is perhaps dominant in the united states,the united kingdom,and other countries in the anglo-saxon sphere.