CMI Working Paper | 2006
Why Firms should not always Maximize Profits
Bergen: Chr. Michelsen Institute (CMI Working Paper WP 2006: 11) 7 p.
Though corporate social responsibility (CSR) is on the agenda of most major corporations, corporate executives still largely support the view that corporations should maximize the returns to their owners. There are two lines of defence for this position. One is the Friedmanian view that maximizing owner returns is the corporate social responsibility of corporations. The other is a position voiced by many executives, that CSR and profits go together. This paper argues that the first position is ethically untenable, while the latter is not supported by empirical evidence. The implication is that there may be good reason for firms to deviate from a maxim of profit maximization.
Journal Article | Jul 2020
Fighting Wildlife Trafficking: An Overview of the EU’s Implementation of Its Action Plan Against Wildlife Trafficking
Sophie Lemaître; Nathalie Hervé-Fournereau
Journal of International Wildlife Law & Policy
CMI Report | Jun 2020
Literature Review: Democracy and Human Rights in contemporary Latin America (2015-2020) Trends, challenges, and prospects
Vegard Bye, Dr.philos, CMI Affiliated Researcher, Senior Partner Scanteam Peder Østebø, M.A., Graduate Research Fellow, NUPI