What Purpose Do Corporations Purport? Evidence from Letters to Shareholders
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Using natural language processing, we identify corporate goals stated in the shareholder letters of the 150 largest companies in the United States from 1955 to 2020. Corporate goals have proliferated, from less than one on average in 1955 to more than 7 in 2020. While in 1955, profit maximization,
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美国国家经济研究局创建时间：
2023-03-01
