The Profit Motive

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.