The Right Corporate Purpose – Malik Letter 6.2026
Sound corporate management requires the right purpose. The corporate purpose determines strategy, structure, and culture....
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Sound corporate management requires the right purpose. The corporate purpose determines strategy, structure, and culture. If the purpose is wrong, the company cannot be managed correctly. In a free economy, there is the freedom to choose the wrong purpose. This freedom, however, is deceptive, as it leads to dangerous misjudgments. Wrong purpose decisions are shareholder