Corporate America's Ideological Tilt.

The article focuses on the ideological challenges facing Corporate America, particularly the debate surrounding corporate social responsibility (CSR) and the roles of shareholder versus stakeholder capitalism. It explores how the concept of limited liability influences corporate behavior and the potential for firms to balance the interests of shareholders and stakeholders. The authors argue that the separation of ownership and control in corporations can lead to socially irresponsible behavior, but also suggest that market mechanisms can encourage socially responsible practices. The article sets the stage for a symposium that will delve into various aspects of CSR, examining the implications of corporate activism and the effectiveness of different governance structures in promoting responsible corporate behavior. [Extracted from the article]