Which person argued that a corporate manager's primary responsibility is to the shareholders of the organization and that managers should make the company as profitable as possible while also complying with the law
Milton Friedman advocated for this viewpoint in his famous essay "The Social Responsibility of Business is to Increase its Profits." He argued that the primary responsibility of a corporate manager is to the shareholders, and that the manager's main goal should be to maximize profits within the boundaries of the law and ethical considerations.
