Economic responsibility of business

• [PDF File]The Social Responsibility of Business is to Increase its ...

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  The Social Responsibility of Business is to Increase its Profits Milton Friedman The New York Times Magazine September 13, 1970 When I hear businessmen speak eloquently about the "social responsibilities of business in a

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• [PDF File]Carroll, The Pyramid of Corporate Social Responsibility ...

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  THE PYRAMID OF CORPORATE SOCIAL RESPONSIBILITY For CSR to be accepted by a conscientious business person, it should be framed in such a way that the entire range of business responsibilities are embraced. It is suggested here that four kinds of social responsibilities constitute total CSR: economic, legal, ethical. and philanthropic.

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• [PDF File]Corporate Social Responsibility How Global Business is ...

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  Corporate Social Responsibilty policy increasingly demands business to act as a political agent, player and market manager. Economist Milton Friedman argued in the 1970s that the ‘social responsibility of business is to make a profit.’ This continues to be a view held by influential economists Dr David Henderson, Robert Reich and

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• [PDF File]Business Responsibility Reports - Frequently Asked ...

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  Business Responsibility Reports - FAQs Page 1 of 8 Business Responsibility Reports - Frequently Asked Questions (FAQs) SEBI has, vide circular dated August 13, 2012, mandated inclusion of Business Responsibility Report (BRR) as a part of the Annual Report for top 100 listed entities. The said reporting

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• [PDF File]The Role of Business in Social and Economic Development ...

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  The Purpose of Business • There is an opportunity to transform thinking and practice about the role of the corporation in society • Shared value gives rise to far broader opportunities for economic value creation • Shared value thinking will drive the next wave of innovation, productivity growth, and economic growth

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• [PDF File]THE ETHICAL AND DISCRETIONARY RESPONSIBILITIES OF …

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  THE ETHICAL AND DISCRETIONARY RESPONSIBILITIES OF BUSINESS . TOWARDS SOCIETY . Drago. ş. BÎGU1. Ionuţ. ANASTASIU2. ABSTRACT. The main purpose of this paper is to develop a framework for the analysis of corporate social . responsibility (CSR) practices, which cou. ld be used as a theoretical and practical guide. Starting

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• [PDF File]Taking Responsibility: Economic Responsibility

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  20 2009 corporate reSpoNSIBILItY report EcONOmIc RESPONSIBILITY we are steadfast in our pursuit of superior business and financial performance. Rigorous financial discipline and outstanding corporate citizenship are enshrined in our four core values, and we believe

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• [PDF File]Corporate Social Responsibility Through an Economic Lens

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  Corporate Social Responsibility Through an Economic Lens 221 generally will be to make as much money as possible while conforming to the basic rules of the society, both those embodied in law and those embodied in ethical custom (Friedman 1970). A more subtle version of the shareholder primacy argument is the “nexus of contracts”

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• [PDF File]Business Advantages of Corporate Social Responsibility ...

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  business advantages of corporate social responsibility practice. The paper is anchored on two theories; stakeholder’s theory, which states that organisations have constituent groups that need to be taken care of and the iron law of corporate social responsibility, which states that organisations that fail to use their power responsibly

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