There are many compelling arguments why the profit motive for companies typically aligns with other laudable objectives relevant to their “stakeholders,” which is often understood as a company’s shareholders, but also includes customers, employees, vendors, the communities in which a company operates, and can even include society and the economy as a whole. Failing to consider the interests of these stakeholders can quickly become costly. For example, underpaying employees motivates them to leave, often incurring significant costs in retraining and a loss of institutional and technical knowledge. Excessively squeezing the profits of vendors can result in their refusal to supply or cutting co
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