The Profit Motive

Know about the book -

The Profit Motive is written by Stephen M. Bainbridge and published by Cambridge University Press. It's available with International Standard Book Number or ISBN identification 1009027107 (ISBN 10) and 9781009027106 (ISBN 13).

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.