Friedman’s idea that the CEO’s job is to take care of the shareholders’ interests, including the monetary ones, is a platitude.
It’s the exclusive focus on the monetary aspects and its short term-ism that constitute the malignancy of this venue.

http://www.forbes.com/sites/stevedenning/2013/06/26/the-origin-of-the-worlds-dumbest-idea-milton-friedman/