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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.
Publisher:
Cambridge University Press,
Copyright Date:
2023
Description:
xv, 223 pages ; 24 cm
Subject:
Corporation law--United States--Philosophy.
Stockholder wealth--United States--Philosophy.
Corporation law--Philosophy.
United States.
Notes:
Includes bibliographical references (pages 171-217) and index.
Contents:
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:
"Corporations dominate our economy and society. Defining their social purpose thus matters a great deal to everyone, not just lawyers and businesspeople. In clear and accessible language, Bainbridge explains that shareholder capitalism-not stakeholder capitalism-is both what the law requires and what the law ought to require"-- Provided by publisher.
ISBN:
9781009012157
1009012150
1316515478
9781316515471
OCLC:
(OCoLC)1340031748
LCCN:
2022029374
Locations:
USUX851 -- Iowa State University - Parks Library (Ames)
OVUX522 -- University of Iowa Libraries (Iowa City)

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