Your view often leads to actions that harm share holder value.  Maximizing profits often leads to unintended cosequences.  These unintended consequences may be mitigated by viewing corporate responsibility through the perspective of stake holder theory.

From wikipedia:

As originally detailed by R. Edward Freeman (1984), stakeholder theory attempts to ascertain which groups are stakeholders in a corporation and thus deserve management attention. In short, it attempts to address the "Principle of Who or What Really Counts."

In traditional input-output models of the corporation, the firm uses the inputs of investors, employees, and suppliers to convert inputs into usable (salable) outputs which customers buy and return to the firm some capital benefit. By this model, firms only address the needs and wishes of those four parties: investors, employees, suppliers, and customers.

Stakeholder theory recognizes that there are other parties involved, including governmental bodies, political groups, trade associations, trade unions, communities, associated corporations, etc. This view of the firm is used to define the specific stakeholders of a corporation (the normative theory (Donaldson) of stakeholder identification) as well as examine the conditions under which these parties should be treated as stakeholders (the descriptive theory of stakeholder salience). These two questions make up the modern treatment of Stakeholder Theory.