Quote:
Originally Posted by HarryT
I'm afraid that's where we fundamentally disagree. I've said it before and I'll say it again: a company's legal obligation is to obey the law and act in the best interests of its shareholders. Generally speaking, that means maximising its profits. There's no pretence involved: that is the company's legal duty and its sole reason for existing. A publisher is not in the business of selling books at the lowest possible price, but at the price that will generate maximum profit. There's nothing immoral or unethical about that - it's the reason for the publisher's existence.
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Doing a Google of "penguin books mission statement", I get this:
Quote:
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Penguin Random House is committed to expanding our role as a cultural institution that serves society not only with the books we publish and investments we make in new ideas, creativity, and diverse voices, but also through our charitable donations and leadership of numerous campaigns and initiatives worldwide that ...
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And the website:
https://www.penguinrandomhouse.com/about-us/our-story/
Doing a find on the page, no hit for profit or maximize.
