Cantitate/Preț
Produs

The Profit Motive: Defending Shareholder Value Maximization

Autor Stephen M. Bainbridge
en Limba Engleză Paperback – 8 feb 2023
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.
Citește tot Restrânge

Toate formatele și edițiile

Toate formatele și edițiile Preț Express
Paperback (1) 20687 lei  3-5 săpt. +1257 lei  6-12 zile
  Cambridge University Press – 8 feb 2023 20687 lei  3-5 săpt. +1257 lei  6-12 zile
Hardback (1) 61896 lei  6-8 săpt.
  Cambridge University Press – 8 feb 2023 61896 lei  6-8 săpt.

Preț: 20687 lei

Nou

Puncte Express: 310

Preț estimativ în valută:
3959 4164$ 3298£

Carte disponibilă

Livrare economică 13-27 decembrie
Livrare express 28 noiembrie-04 decembrie pentru 2256 lei

Preluare comenzi: 021 569.72.76

Specificații

ISBN-13: 9781009012157
ISBN-10: 1009012150
Pagini: 300
Dimensiuni: 152 x 229 x 13 mm
Greutate: 0.33 kg
Editura: Cambridge University Press
Colecția Cambridge University Press
Locul publicării:New York, United States

Cuprins

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.

Recenzii

'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
'Professor Bainbridge has authored an extraordinary book. It is both superb scholarly and yet at the same time highly accessible to the non-lawyer. This is a must read both for corporate law scholars and, more importantly, the public company director community.' Charles M. Elson, University of Delaware
'Professor Bainbridge brings his unsurpassed expertise and scholarship around corporate governance to the discussion of ESG and stakeholder capitalism, convincingly arguing that the notion of business extending its focus beyond shareholders has no basis in the law, provides no actionable guidance to corporate directors, and ultimately yields no benefit to society.' Marc Hodak, Farient Advisors
'Should directors of business corporations seek to maximize value for the corporation's shareholders, or should they make business decisions with a view to benefiting all corporate stakeholders? Professor Bainbridge's conclusions are thunderingly unequivocal: shareholder value maximization is both what the law requires and what the law ought to require; in the long run, it produces the best outcomes for shareholders and other constituencies and is the system appropriate for a democratic society. Everyone interested in what is happening in corporate America today - and how it could affect them, economically and otherwise - should read this book.' Robert T. Miller, University of Iowa College of Law

Notă biografică


Descriere

The Profit Motive offers a legal and economic defense of shareholder capitalism against proponents of corporate social responsibility.