In my view corporations are meant to do what their owners want them to do. It just so happens that the vast majority of shareholders want the company to give th

In my view corporations are meant to do what their owners want them to do. It just so happens that the vast majority of shareholders want the company to give them as high a return as possible. However this does not need to be the case. If the owners/shareholders want they can demand the company to be responsible for the environment, to be socially responsible as well, or to do basic research instead of maximising short term profits. It just requires the majority of shareholders to want that, and right now this still isn't the case. This is actually something I picked up from reading Milton Friedman's books, where a corporation exists to do the will of the owners/shareholders. Maybe I read it wrong but that's what I understood it as.