Which value is NOT typically associated with BASF's corporate governance?

Profit maximization is not typically emphasized as a core value in BASF's corporate governance framework. Instead, BASF places a strong focus on transparency, accountability, and ethical conduct. These values are integral to fostering trust with stakeholders and ensuring responsible business practices.

Transparency involves clear communication and reporting of financial and operational information, allowing stakeholders to understand the company's actions and decisions. Accountability refers to the responsibility of management to act in the best interests of the organization and its stakeholders, ensuring that decisions are made with ethical considerations in mind. Ethical conduct establishes a foundational principle for business operations, guiding behavior towards compliance with laws and regulations and promoting a culture of integrity.

In contrast, while profit maximization is a goal for many businesses, BASF's approach to corporate governance prioritizes sustainable practices and long-term value creation, which can sometimes require sacrificing short-term profits for ethical considerations or social responsibilities. Therefore, this value does not align as closely with BASF's governance philosophy compared to the others listed.