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Write in a essay form: Doyle (2008) points out that the primary goal for chief executives...

Write in a essay form:

Doyle (2008) points out that the primary goal for chief executives of commercial companies is to maximize shareholders value.

  1. Is this at adds with increasing awareness and attention to environmental and social responsibility?

  2. Surely firms seeking to maximize shareholder value will pay scant regard to the natural and social environment in which they operate, taking what they can irrespective of the consequences, to make a quick profit? Is it not the essence of market-based capitalism?

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Answer #1

The primary goal of each and every companies is to maximize the shareholder value that means increase the profit. It is very important of keeping shareholders satisfied and happy because of the smooth and efficient functioning of an organization.

Corporate social Responsibility CSR plays a vital role in the increase of profit. CSR helps to develop a good image about the organization to the public. It helps to attract and retain the talents or talent persons to the organization.

The advertisement with increasing awareness and attention to environment and social responsibility helps to increase the profit.

Improve the Goodwill of the company

Helps Brand Recognition

Increase the customer’s loyalty that leads to the increase in sale

Larger Audience reach

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