Andrew Abela, dean, associate professor, marketing, was interviewed by Catholic News Agency about a new statement called “Purpose of a Corporation,” expressing the value for shareholders is no longer the principal purpose of corporations.
...“I think it’s a really good move,” Professor Andrew Abela, Dean of the Busch School of Business at the Catholic University of America, told CNA. “Church teaching has been, I think, some of the most sensible teaching on the role of a business anywhere,” he said, to “make a profit as well as to serve society.”...
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