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Businesses merely maximize shareholder wealth

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The role of business in society

Should businesses attempt to solve societal ills, or should businesses merely maximize shareholder wealth? Some individuals argue that the purpose of a business is to make a profit, and maximize shareholder wealth, while others argue that a business has a corporate social responsibility to go beyond the financial interests of shareholders to support social causes.

On which side of the debate do you fall? Explain your position.

Reference no: EM131247338

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