The debate on the proper purpose of the corporation continues to rage in the academy as well as among investors, regulators and the general public. Should directors consider the interests of stakeholders other than shareholders? How should corporate officers view concerns about environment, social and governance factors (ESG)? Stephen Bainbridge, the William D. Warren Distinguished Professor of Law, is one of the leading voices for the view that the proper purpose of the corporation is the maximization of shareholder value. In his new book, The Profit Motive, Professor Bainbridge sets forth a detailed and full-throated defense of the corporation’s purpose in the 21st century.
UCLA School of Law is a State Bar of California approved MCLE provider. This activity qualifies for 1 hour of general MCLE credit. MCLE materials will be posted to this page before the event.
For more information about the event and to register, visit the event page on the Lowell Milken Institute website.