Image for corporate greed

corporate greed

Corporate greed refers to the excessive desire of companies to maximize profits, often at the expense of employees, consumers, and the environment. This can manifest in practices like prioritizing shareholder returns over fair wages, cutting corners on safety, or exploiting resources unsustainably. While profit is essential for business sustainability, corporate greed can lead to negative consequences, such as social inequality, poor working conditions, and environmental degradation. This behavior may provoke public backlash and calls for more responsible corporate practices, emphasizing the need for balance between profit generation and ethical responsibility.