ETHC 3P82 Lecture Notes - Lecture 1: Corporate Social Responsibility, Making Money
Document Summary
Crs is done by a company who is focused and wants to help the society they work within. Some argue that the companies sole purpose is too create profit and this helps advance society by jobs and the service/ goods it offers which is ethical. Different meaning of word responsibility: reliable, helps the community, obligated to aid meaning. The core of crs is to be accountable which also has different: is concerned about society, can be held accountable to do good, tries always to do good, to do good, to prevent harm, not cause harm. In addition we can say from they must do to it must be nice to do. Milton friedman states that only responsibility for a company that. Is publically traded has is to the shareholder and they only want profit but must follow the laws of the country.
