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  1. A Profit Cap is not yet a General Moral Duty for Companies: A Corporate Social Contract Perspective.Muel Kaptein - forthcoming - Journal of Business Ethics:1-14.
    In both the literature and practice, it has been advocated that companies should have a profit cap. Utilizing corporate social contract theory, this article posits that under at least three conditions, companies do not have a general moral duty to cap their profits. These conditions entail that a company adheres to the contracting principles of its stakeholder relationships, that the constitutive stakeholders of the company have not otherwise stipulated in the corporate social contract, and that the macrosocial contract does not (...)
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  • Which Duties of Beneficence Should Agents Discharge on Behalf of Principals? A Reflection through Shareholder Primacy.Santiago Mejia - 2021 - Business Ethics Quarterly 31 (3):421-449.
    Scholars who favor shareholder primacy usually claim either that managers should not fulfill corporate duties of beneficence or that, if they are required to fulfill them, they do so by going against their obligations to shareholders. Distinguishing between structurally different types of duties of beneficence and recognizing the full force of the normative demands imposed on managers reveal that this view needs to be qualified. Although it is correct to think that managers, when acting on behalf of shareholders, are not (...)
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