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Keywords
Corporate Social Responsibility; Shareholder Primacy; Shareholder Value Maximization; Business Schools; Corporate Law; Fiduciary Duties; Benefit Corporations; Corporate Governance; Investors, Stakeholders and Accountability
Journal Article
Smith N. C., Ronnegard D. (2016). Shareholder Primacy, Corporate Social Responsibility, and the Role of Business Schools Journal of Business Ethics, 134(3), (pp463-478).
This paper examines the shareholder primacy norm (SPN) as a widely acknowledged impediment to corporate social responsibility and explores the role of business schools in promoting the SPN but also potentially as an avenue for change by addressing misconceptions about shareholder primacy and the purpose of business.