Description
Inherent in any discussion about Corporate Governance is the question about the purpose of the corporation: does it exist solely for the benefit of the shareholders or has it also become a “public institution” with a social service function. Read the Berle-Dodd Debate - http://www.corporationsandhealth.org/2011/04/06/should-corporations-serve-shareholders-or-society-the-origins-of-the-debate/ - then select and defend one of the positions set forth in this debate.
For this discussion consider the following: Is a Corporation a Public Service entity that exists to serve the public or the shareholder interests as well? Include examples to back up your post.