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What is the goal of corporation?

Updated: 9/17/2023
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12y ago

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Corporations are stand alone perpetual legal entities whose 'western' legal objective is profit maximization.

Additional suggestions would be also to look after the welfare of all stake holders not just shareholders (i.e. employees, customers, state, environment etc., etc., etc.)

The stake holder theory is starting to take ground especially after the debacle of 2007/8.

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12y ago
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