University of Pennsylvania Research Paper No 23-28 In Oxford Handbook of Corporate Law and Governance Archives - Ideas for Leaders

Can Companies Choose Their Corporate Purpose?

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Should the purpose of corporations focus on maximizing shareholder value or on attending to the interests of all internal and external stakeholders and society in general? According to corporate purpose scholars Dorothy Lund and Elizabeth Pollman, framing the corporate purpose debate in such unambiguous battle-line terms obscures a fundamental characteristic of corporate purpose that greatly […]

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