Balancing the Objectives of Corporate Governance: Social Welfare V Profitability

Adeyemi, Adebola

Abstract

Balancing social welfare issues with profitability is difficult and critical for the long-term success of a business entity. It is also difficult for managers to prioritise between the numerous competing interest of shareholders and different stakeholders. The paper examines the sphere within which businesses operates, introduces some terms common to social welfare and profitability, and investigates if any correlation exists between social issues and business profitability. The paper suggests that firms that exclude social welfare issues are doing so at their own risk.

Citation

Adeyemi, A. (2019). Balancing the Objectives of Corporate Governance: Social Welfare V Profitability. Journal of Law, Policy and Globalization, 83, 31 - 42. https://doi.org/10.7176/JLPG/83-06

• Journal Article Type: Article
• Online Publication Date: Apr 14, 2019
• Publication Date: Mar 31, 2019
• Deposit Date: Oct 29, 2024
• Journal: Journal of Law, Policy and Globalization
• Print ISSN: 2224-3240
• Electronic ISSN: 2224-3259
• Peer Reviewed: Peer Reviewed
• Volume: 83
• Pages: 31 - 42
• DOI: https://doi.org/10.7176/JLPG/83-06
• Public URL: https://durham-repository.worktribe.com/output/2993087