The profit motive :: defending shareholder value maximization /: Stephen M. Bainbridge, University of California, Los Angeles.

Name: The profit motive : defending shareholder value maximization / Stephen M. Bainbridge, University of California, Los Angeles.
ISBN: 9781009025799

Bainbridge, Stephen M.,

The profit motive : defending shareholder value maximization / Stephen M. Bainbridge, University of California, Los Angeles.

Bainbridge, Stephen M., author.

2023

Available Online

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Author

Bainbridge, Stephen M., author.

Title

The profit motive : defending shareholder value maximization / Stephen M. Bainbridge, University of California, Los Angeles.

Imprint

Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2023.

Description

1 online resource (xv, 223 pages) : digital, PDF file(s)

Formatted Contents Note

Introduction
The Battle of River Rouge
Fireplug Funding for Princeton
Why didn't the cubs have to play night baseball?
Defending dodge
To make stakeholder capitalism the rule, you would have to change most of corporate law
What about the benefit corporation?
Possible merits of the business roundtable's embrace of stakeholder capitalism
Was there a business case for the business roundtable's embrace of stakeholder capitalism?
Why did the business roundtable CEOs shift their position?
Why the business roundtable CEOs should have stayed the course
Conclusion.

Summary

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.

Note

Title from publisher's bibliographic system (viewed on 02 Feb 2023).

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Access provided by Berkeley Law Library

Course Lists

The Corporation: Past, Present and Future by Baker (FALL 2024)

Alternate Title

Cambridge Books Online.