The Profit Motive : Defending Shareholder Value Maximization
Book Details
Format
Hardback or Cased Book
ISBN-10
1316515478
ISBN-13
9781316515471
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Feb 9th, 2023
Print length
240 Pages
Weight
512 grams
Dimensions
15.90 x 23.70 x 1.90 cms
Ksh 16,550.00
Manufactured on Demand
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Quality
Fast
The Profit Motive addresses questions of corporate purpose using historical, legal, and economic perspectives. It counters proponents of social corporate responsibility and defends the maximization of shareholder value and shareholder capitalism, as both what the law requires and what it ought to require.
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.
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