The role of business is solely to maximize profits and shareholder value represents the classical view of corporate responsibility.

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The classical view of corporate responsibility holds that the primary purpose of a business is to maximize profits and shareholder value. Other considerations such as social responsibility, environmental sustainability, and ethical behavior may be considered secondary to this objective. However, this view has been challenged in recent years by the stakeholder theory, which argues that businesses have a broader responsibility to consider the interests of all stakeholders, including customers, employees, suppliers, communities, and the environment.

The Role of Business Is Solely to Maximize Profits and Shareholder