Corporate Social Responsibility in the Marketplace

Essay specific features

 

Issue:

Business

 

Written by:

Roy N

 

Date added:

June 2, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

11 / 2941

 

Was viewed:

2376 times

 

Rating of current essay:

 
Essay content:

On one side, there is the classical-or purely economic view, and on the other side, there is the socioeconomic position” (Robbins/Coulter 100). First, we will explore four theories of social responsibility. The four legal theories surrounding the issue are maximizing profits, moral minimum, stakeholder interest, and corporate citizenship...
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This view is concerned with maximizing profits for shareholders. “This view, which dominated the nineteenth century, holds that the interests of other constituencies, (e.g., employees, suppliers, residents of communities) are not important in of themselves” (Cheeseman 156). “The classical view says that management’s only social responsibility is to maximize profits...
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