The Profit Motive: Defending Shareholder Value Maximization

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.