Häftad, Engelska, 2023
The Profit Motive
Defending Shareholder Value Maximization
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Beskrivning
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.
Produktinformation
- Utgivningsdatum: 2023-02-09
- Mått: 152 x 228 x 13 mm
- Vikt: 350 g
- Format: Häftad
- Språk: Engelska
- Antal sidor: 300
- Förlag: Cambridge University Press
- ISBN: 9781009012157
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Mer om författaren
Stephen M. Bainbridge is the William D. Warren Distinguished Professor of Law at UCLA School of Law.
Recensioner i media
'The Profit Motive is both a brilliant defense of the principle at the heart of capitalist prosperity and a clinical demolition of 'stakeholder' theory. A true master of his craft, Bainbridge not only knows everything worth knowing about his subject but expresses it with vigor, grace and, a wry sense of humor. A must-read for anybody who wants to understand what makes corporations thrive--and how to preserve them from death by good intentions.' Adrian Wooldridge, Bloomberg Opinion
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