Apr 14, 2022
Yeah, I remember the book and film "The Corporation." However shareholders may benefit from social stability and other things than from simple short-term profit, and that's a legitimate approach. Otherwise most corporate ESG programs would end in shareholder lawsuits. https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits