Limiting Laissez Faire Profits: The Financial Implications

Traditional corporate finance endorses the principle of stockholder wealth maximization as the purpose of business. In light of recent scandals and legislation, businesses are increasingly expected to use financial resources in a manner which benefits society and not just the owners of the firm. Thi...

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Bibliographic Details
Authors: Kierulff, Herbert (Author) ; Learned, Grant (Author)
Format: Electronic Article
Language:English
Check availability: HBZ Gateway
Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
Published: 2009
In: Journal of business ethics
Year: 2009, Volume: 90, Issue: 3, Pages: 425
Further subjects:B Profit Maximization
B Debt
B Finance
B Stakeholder (corporate)
B return on investment
B stockholder
B Profits
B Risk
B Capital
B required rate of return
B Investment
Online Access: Volltext (lizenzpflichtig)