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Course Description

The doctrine of shareholder primacy, or the concept that a corporation's primary and exclusive function is to maximize shareholder value by any legal means, has been a dominant force in corporate practice and decision making for the last half-century. In its purest form, the shareholders — not the board of directors, the management team, or the company itself (as a juridical person) — own and control the company. This doctrine, by default, sets aside all other shareholders, including employees and communities, by suggesting that corporations must seek to bolster share value. This line of thinking, however, comes with substantial risk. In this lesson, you will examine the concept of quasi-shareholder primacy: the practice of maximizing shareholder value by embracing changing consumer demands and managing numerous forms of risk. You will also explore several drivers of corporate sustainability and consider how sustainability-related regulations can in some cases actually improve profitability.

Benefits to the Learner

  • Explore why companies practice sustainability
  • Examine types of sustainability-related risk management
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Type
self-paced (non-instructor led)
Dates
Jun 11, 2022 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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