The Profit Motive

Name: The Profit Motive
Author: Stephen M. Bainbridge

Defending Shareholder Value Maximization

Specificaties

Paperback, 300 blz. | Engels

Cambridge University Press | e druk, 2023

ISBN13: 9781009012157

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Cambridge University Press e druk, 2023 9781009012157

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Samenvatting

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.

Specificaties

ISBN13:9781009012157

Taal:Engels

Bindwijze:Paperback

Aantal pagina's:300

Uitgever:Cambridge University Press

Inhoudsopgave

Introduction; Part I. The Law: 1. The Battle of River Rouge; 2. Fireplug Funding For Princeton; 3. Why Didn't the Cubs Have to Play Night Baseball? 4. Defending Dodge; 5. To Make Stakeholder Capitalism the Rule, You Would Have to Change Most of Corporate Law; 6. What About the Benefit Corporation? Part II. The Merits: 7. Possible Merits of the Business Roundtable's Embrace of Stakeholder Capitalism; 8. Was There a Business Case for the Business Roundtable's Embrace of Stakeholder Capitalism? 9. Why did the Business Roundtable CEOs Shift Their Position?10. Why the Business Roundtable CEOs Should Have Stayed the Course; Conclusion.

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The Profit Motive

Defending Shareholder Value Maximization

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