Book contents
- The Profit Motive
- The Profit Motive
- Copyright page
- Dedication
- Contents
- Acknowledgments
- Editorial Note
- Introduction
- Part I The Law
- 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
- Notes
- Index
8 - Was There a Business Case for the Business Roundtable’s Embrace of Stakeholder Capitalism?
from Part II - The Merits
Published online by Cambridge University Press: 02 February 2023
Book contents
- The Profit Motive
- The Profit Motive
- Copyright page
- Dedication
- Contents
- Acknowledgments
- Editorial Note
- Introduction
- Part I The Law
- 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
- Notes
- Index
Summary
There have been countless studies of corporate social responsibility and ESG across many disciplines. Law, economics, business administration and management, sociology, ethics, and theology, among others, have all made contributions. One might hope that a compelling business case for either corporate social responsibility/ESG or shareholder value maximization would have emerged from all that work. In fact, however, the results have been all over the map.
- Type
- Chapter
- Information
- The Profit MotiveDefending Shareholder Value Maximization, pp. 101 - 104Publisher: Cambridge University PressPrint publication year: 2023