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The Profit Motive
Stephen M. Bainbridge
其他書名
Defending Shareholder Value Maximization
出版Cambridge University Press, 2023-02-09
主題Law / CorporateLaw / Commercial / GeneralBusiness & Economics / Corporate GovernanceBusiness & Economics / Business Ethics
ISBN10090121509781009012157
URLhttp://books.google.com.hk/books?id=kvE7zwEACAAJ&hl=&source=gbs_api
註釋What responsibility, if any, does a corporation have to society? How should corporations balance environmental, social, and governance factors? The Profit Motive addresses these questions of corporate purpose using historical, legal, and economic perspectives. Stephen M. Bainbridge enters the debate around corporate social responsibility to mount an unabashed defense of shareholder capitalism and maximizing shareholder value. The book offers context for the current questions about corporate purpose, and provides a reference going forward. Direct and corrective, The Profit Motive argues that shareholder value maximization is not only required by law, but what the law ought to require.