Corporate Greed Effects examines the intricate relationship between corporate actions and their impact on society, bridging business ethics and financial studies. It argues that prioritizing short-term profits over ethical considerations leads to societal problems like economic inequality, environmental degradation, and political instability. For example, the book explores how the emphasis on shareholder value has risen over time, often overshadowing the importance of ethical governance and responsible business conduct. The text further examines concepts like agency theory and externalities to show how they can lead to unethical actions. The book presents a historical overview of corporate power, from industrial capitalism to globalization, examining shifts in corporate governance and regulatory frameworks. It delves into case studies supported by empirical evidence, highlighting corporate practices like aggressive tax avoidance and lobbying for deregulation. It then proposes solutions, such as strengthening corporate governance, enhancing regulatory oversight, and promoting ethical leadership. The book uses both quantitative analysis of financial data and qualitative case studies. Ultimately, Corporate Greed Effects offers a balanced, evidence-based analysis with practical recommendations for promoting corporate social responsibility. It is structured into three parts: core concepts, specific examples, and potential solutions, which provides a comprehensive understanding for business students, corporate executives, policymakers, and anyone interested in the ethical implications of corporate behavior.
