In: Finance
After attending a seminar about corporate social responsibility
(CSR), John advised Mary to focus her investment...
After attending a seminar about corporate social responsibility
(CSR), John advised Mary to focus her investment on those companies
with CSR plans. However, Mary argued with John that maximizing
shareholders’ wealth is the only goal of financial management, not
CSR. Do you agree with Mary’s viewpoint? Think of some specific
scenarios to illustrate your arguments and justify your stance.
(word limit: 300 words)