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HUMAN FULFILLMENT IN THE MODERN PUBLICLY OWNED CORPORATION

Lewis D. Solomon (Arthur Selwyn Miller Research Professor of Law, The George Washington University, National Law Center)

Humanomics

ISSN: 0828-8666

Article publication date: 1 February 1994

Abstract

Critics maintain that for profit, business corporations should be more “responsible,” that they should take account of all constituencies affected by their operations and should even assume responsibility for broader societal problems which they may only impact tangentially. Defenders of a narrower set corporate goals and constituent interests argue that corporations should be concerned exclusively with maximizing the profits they can earn for shareholders within the law. This controversy regarding corporate goals and stakeholder interests has spanned most of the twentieth century.

Citation

Solomon, L.D. (1994), "HUMAN FULFILLMENT IN THE MODERN PUBLICLY OWNED CORPORATION", Humanomics, Vol. 10 No. 2, pp. 24-49. https://doi.org/10.1108/eb018748

Publisher

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MCB UP Ltd

Copyright © 1994, MCB UP Limited