No, corporations don't have an explicit responsibility to the community. However, since businesses want to be profitable, managers recognize they are expected to give back in order to retain customers.
Corporations try to protect the interest of stockholders by maximizing profits. The more money they more, the more money they will have for their investors.
Maximizing corporate profits is a kind of idea which is simple, obvious and straightforward. To maximize a profit is to squeeze in as much value of a certain resources as possible.
dividends
Corporations have shareholders that invest in their business and expect a portion of the business's profits in return. Dividend payments are part of the shareholders' returns for investing in a business. Corporations have a choice to either reinvest their profits in shares, or keep a portion of the profits and paying shareholders dividends.
Stockholder.
Corporations try to protect the interest of stockholders by maximizing profits. The more money they more, the more money they will have for their investors.
Maximizing Profits
What they were usually after was price control and thus maximizing profits through market control.
All non profits are corporations. All corporations are not non profits.
Maximizing profits is necessary in order to hit the business's bottom line. Also, it is key to increasing the bonuses of the business executives.
Maximizing profits.
Maximizing corporate profits is a kind of idea which is simple, obvious and straightforward. To maximize a profit is to squeeze in as much value of a certain resources as possible.
Pricing objectives are all about maximizing profits. Promotion results through efficiently achieving your objective - which in this case is all about maximizing profits.
Yes. Non profits are corporations.
dividends
The Social Responsibility Theory was proposed in the 1950s and gained prominence in the 1960s as a response to the growing concern about the impact of business activities on society. It emphasizes that businesses have an obligation to act in ways that benefit society beyond just maximizing profits.
Maximizing shareholder wealth means that the company reduces re-investment of profits and increases the dividend payouts. Dividend payouts are the benefits paid out to shareholders after a financial period.