2001Cai-jing wenti yanjiuRequires access

Thinking of Profit Maximization from Legal Aspect

Shifeng Zhou

Open publisher page 0 citations

Abstract

It is a general rule that firms seek to maximize their profits.The profit maximization should confine itself in the legal boundary beyond which the other's interest and the social benefit may be broken.,The market mechanism,although functioning well in regulating the benefit conflicts among different economic bodies,is limited to some scope.Commercial law is a basic in guaranteeing profit maximization while the economic law is a primacy in taking the social benefit as a whole,both of which compose of a fully protective systemfor the profit maximization.

About this research paper

What this paper is about

It is a general rule that firms seek to maximize their profits.The profit maximization should confine itself in the legal boundary beyond which the other's interest and the social benefit may be broken.,The market mechanism,although functioning well in regulating the benefit conflicts among different economic bodies,is limited to some scope.Commercial law is a basic in guaranteeing profit maximization while the economic law is a primacy in taking the social benefit as a whole,both of which compose of a fully protective systemfor the profit maximization.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

It is a general rule that firms seek to maximize their profits.The profit maximization should confine itself in the legal boundary beyond which the other's interest and the social benefit may be broken.,The market mechanism,although functioning well in regulating the benefit conflicts among different economic bodies,is limited to some scope.Commercial law is a basic in guaranteeing profit maximization while the economic law is a primacy in taking the social benefit as a whole,both of which compose of a fully protective systemfor the profit maximization.

Key concepts: Profit maximization, Maximization, Profit (economics), Scope (computer science), Microeconomics, Economics, Utility maximization, Law and economics

Related papers

Back to paper searchBrowse research topicsOriginal source
Thinking of Profit Maximization from Legal Aspect — Research Paper | ScholarLens