The objective of maximizing the economic results of companies has always been viewed as an interpretative paradigm – profit maximization – in management and economic studies, as well as in economic sciences in general.This paradigm derives from the postulate that the economic agents – in particular the holders of risk capital, who are the fundamental economic agents – try, through their rational behaviour, to maintain their invested capital intact and to gain the maximum profit.This fact has been recognized by Gino Zappa – who views the firm as a means for achieving the goals of the economic agents who own the firm: “In our economic system [...], business production is carried out mainly to satisfy the needs of its economic agents.” (1956: 217, my own translation) – as well as by Pietro Onida, who sees profit as the main goal of economic business organizations: “The search for profit is natural and cannot be questioned as long as we desire market production to be carried out by firms we have been examining [private companies]. The economic-social function of production is performed by these firms only because they can provide an appropriate profit.” (1956: 310, author’s translation).
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Titolo: | Productivity surplus, traditional performance indicators and Corporate Social Responsibility | |
Autori: | ||
Data di pubblicazione: | 2007 | |
Rivista: | ||
Abstract: | The objective of maximizing the economic results of companies has always been viewed as an interpretative paradigm – profit maximization – in management and economic studies, as well as in economic sciences in general.This paradigm derives from the postulate that the economic agents – in particular the holders of risk capital, who are the fundamental economic agents – try, through their rational behaviour, to maintain their invested capital intact and to gain the maximum profit.This fact has been recognized by Gino Zappa – who views the firm as a means for achieving the goals of the economic agents who own the firm: “In our economic system [...], business production is carried out mainly to satisfy the needs of its economic agents.” (1956: 217, my own translation) – as well as by Pietro Onida, who sees profit as the main goal of economic business organizations: “The search for profit is natural and cannot be questioned as long as we desire market production to be carried out by firms we have been examining [private companies]. The economic-social function of production is performed by these firms only because they can provide an appropriate profit.” (1956: 310, author’s translation). | |
Handle: | http://hdl.handle.net/11571/335341 | |
Appare nelle tipologie: | 1.1 Articolo in rivista |