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The social responsibility of corporations

The social responsibility of corporations

Paperback

Business General

ISBN10: 3638931234
ISBN13: 9783638931236
Publisher: Grin Verlag
Published: Apr 15 2008
Pages: 20
Weight: 0.09
Height: 0.05 Width: 5.83 Depth: 8.27
Language: English
Essay from the year 2006 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 1,3, University of Glamorgan, course: Business Ethics and Sustainable Development, language: English, abstract: This essay builds upon Milton Friedman's (1970) famous statement that the social responsibility is to make a profit. It analyses four dimensions of corporate social responsibility - economic, legal, ethical and philanthropic - and discusses arguments for and against each of them. The study concludes that there is need as well as justification for CSR, not only in a strategic manner, but also in an altruistic/philanthropic way.

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Business General