Profit Maximization Must Fail

  • Albert Erisman
Chapter

Abstract

Headlines have chronicled a wave of business scandals over the past decade. The Occupy Wall Street movement has moved beyond the US borders as a statement against an institution that seems, to many, to have gone out of control: too much power, too much concentrated wealth, too little accountability, and too much impact on the rest of society. This is a good time to ask a very fundamental question: what is the purpose of business?

Keywords

Stock Price Business School Customer Service Stakeholder Theory Business Leader 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Notes

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Copyright information

© Albert Erisman and David Gautschi 2015

Authors and Affiliations

  • Albert Erisman

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