{"product_id":"profit-motive-bainbridge-9781009012157","title":"The Profit Motive | Stephen M. Bainbridge","description":"\u003csection class=\"product-description\" style=\"color: #1a1a1a; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; line-height: 1.6;\"\u003e\n  \u003ch2 style=\"color: #8B0000; font-size: 1.75em; margin-bottom: 15px; border-bottom: 2px solid #8B0000; padding-bottom: 5px;\"\u003eThe Profit Motive: Defending Shareholder Value Maximization\u003c\/h2\u003e\n  \n  \u003ctable style=\"border-collapse: collapse; width: 100%; margin-bottom: 25px; font-size: 0.95em; border: 1px solid #e0e0e0;\"\u003e\n    \u003ctbody\u003e\n      \u003ctr style=\"border-bottom: 1px solid #e0e0e0;\"\u003e\n        \u003cth style=\"text-align: left; padding: 10px; background-color: #f9f9f9; color: #8B0000; width: 30%;\"\u003eISBN-13\u003c\/th\u003e\n        \u003ctd style=\"padding: 10px; color: #1a1a1a;\"\u003e9781009012157\u003c\/td\u003e\n      \u003c\/tr\u003e\n      \u003ctr style=\"border-bottom: 1px solid #e0e0e0;\"\u003e\n        \u003cth style=\"text-align: left; padding: 10px; background-color: #f9f9f9; color: #8B0000;\"\u003eISBN-10\u003c\/th\u003e\n        \u003ctd style=\"padding: 10px; color: #1a1a1a;\"\u003e1009012150\u003c\/td\u003e\n      \u003c\/tr\u003e\n      \u003ctr style=\"border-bottom: 1px solid #e0e0e0;\"\u003e\n        \u003cth style=\"text-align: left; padding: 10px; background-color: #f9f9f9; color: #8B0000;\"\u003eAuthor\u003c\/th\u003e\n        \u003ctd style=\"padding: 10px; color: #1a1a1a;\"\u003eStephen M. Bainbridge\u003c\/td\u003e\n      \u003c\/tr\u003e\n      \u003ctr style=\"border-bottom: 1px solid #e0e0e0;\"\u003e\n        \u003cth style=\"text-align: left; padding: 10px; background-color: #f9f9f9; color: #8B0000;\"\u003eBinding\u003c\/th\u003e\n        \u003ctd style=\"padding: 10px; color: #1a1a1a;\"\u003ePaperback\u003c\/td\u003e\n      \u003c\/tr\u003e\n      \u003ctr style=\"border-bottom: 1px solid #e0e0e0;\"\u003e\n        \u003cth style=\"text-align: left; padding: 10px; background-color: #f9f9f9; color: #8B0000;\"\u003ePublisher\u003c\/th\u003e\n        \u003ctd style=\"padding: 10px; color: #1a1a1a;\"\u003eCambridge University Press\u003c\/td\u003e\n      \u003c\/tr\u003e\n      \u003ctr style=\"border-bottom: 1px solid #e0e0e0;\"\u003e\n        \u003cth style=\"text-align: left; padding: 10px; background-color: #f9f9f9; color: #8B0000;\"\u003ePublication Date\u003c\/th\u003e\n        \u003ctd style=\"padding: 10px; color: #1a1a1a;\"\u003eFebruary 9, 2023\u003c\/td\u003e\n      \u003c\/tr\u003e\n      \u003ctr style=\"border-bottom: 1px solid #e0e0e0;\"\u003e\n        \u003cth style=\"text-align: left; padding: 10px; background-color: #f9f9f9; color: #8B0000;\"\u003ePages\u003c\/th\u003e\n        \u003ctd style=\"padding: 10px; color: #1a1a1a;\"\u003e300\u003c\/td\u003e\n      \u003c\/tr\u003e\n      \u003ctr\u003e\n        \u003cth style=\"text-align: left; padding: 10px; background-color: #f9f9f9; color: #8B0000;\"\u003eSubjects\u003c\/th\u003e\n        \u003ctd style=\"padding: 10px; color: #1a1a1a;\"\u003eCorporate Law, Business Ethics, Economics, Governance\u003c\/td\u003e\n      \u003c\/tr\u003e\n    \u003c\/tbody\u003e\n  \u003c\/table\u003e\n\n  \u003ch3 style=\"color: #8B0000; font-size: 1.25em; margin-top: 20px; margin-bottom: 10px;\"\u003eExtended Synopsis\u003c\/h3\u003e\n  \u003cp style=\"margin-bottom: 15px;\"\u003eIn \u003cem\u003eThe Profit Motive: Defending Shareholder Value Maximization\u003c\/em\u003e, distinguished legal scholar Stephen M. Bainbridge enters the critical debate surrounding corporate purpose and responsibility. Amid rising demands for corporations to prioritize environmental, social, and governance (ESG) factors, Bainbridge delivers a comprehensive defense of traditional shareholder capitalism. Utilizing historical, legal, and economic frameworks, he systematically outlines why maximizing shareholder value remains the foundational pillar of corporate law.\u003c\/p\u003e\n  \u003cp style=\"margin-bottom: 15px;\"\u003eDirect and analytical, the text provides necessary historical context for current trends in corporate social responsibility. Bainbridge argues that shareholder wealth maximization is not simply a default statutory mandate, but represents what corporate jurisprudence fundamentally ought to require to ensure economic efficiency, legal clarity, and accountability. This work serves as an essential academic and professional reference for navigating the ongoing structural evolution of global business governance.\u003c\/p\u003e\n\n  \u003ch3 style=\"color: #8B0000; font-size: 1.25em; margin-top: 20px; margin-bottom: 10px;\"\u003eIntended Audience\u003c\/h3\u003e\n  \u003cp style=\"margin-bottom: 15px;\"\u003eThis volume is designed for scholars of corporate law, business executives, legal professionals, and economists seeking a rigorous, legally grounded analysis of corporate purpose, governance theory, and the mechanics of shareholder capitalism.\u003c\/p\u003e\n\n  \u003ch3 style=\"color: #8B0000; font-size: 1.25em; margin-top: 20px; margin-bottom: 10px;\"\u003eAuthor Biography\u003c\/h3\u003e\n  \u003cp style=\"margin-bottom: 15px;\"\u003e\u003cstrong\u003eStephen M. Bainbridge\u003c\/strong\u003e is the William D. Warren Distinguished Professor of Law at the UCLA School of Law. A prolific author and recognized authority on corporate governance and business law, his extensive commentary and analysis have shaped modern academic perspectives on corporate structure and responsibility.\u003c\/p\u003e\n\n  \u003ch3 style=\"color: #8B0000; font-size: 1.25em; margin-top: 20px; margin-bottom: 10px;\"\u003eAccolades \u0026amp; Recognition\u003c\/h3\u003e\n  \u003cul style=\"margin-bottom: 25px; padding-left: 20px;\"\u003e\n    \u003cli style=\"margin-bottom: 5px;\"\u003eA definitive, legally rigorous defense of shareholder wealth maximization within modern corporate frameworks.\u003c\/li\u003e\n    \u003cli style=\"margin-bottom: 5px;\"\u003eHighly regarded for its clear integration of historical precedent, economic efficiency models, and contemporary regulatory evaluation.\u003c\/li\u003e\n  \u003c\/ul\u003e\n\n  \u003cscript type=\"application\/ld+json\"\u003e\n  {\n    \"@context\": \"https:\/\/schema.org\",\n    \"@type\": \"Book\",\n    \"name\": \"The Profit Motive: Defending Shareholder Value Maximization\",\n    \"author\": {\n      \"@type\": \"Person\",\n      \"name\": \"Stephen M. 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