Different Perspectives on the Concept of Corporate Social Responsibility
Words: 543 Pages: 2 2283When it comes to Corporate Social Responsibility, an organization should choose wisely what it stands for. Friedman and Carroll have different perspectives on the concept of CSR. Friedman argues that social responsibility in a company is all about the economic value and how much profit is being made. He believes that any money used for charitable activities that benefit the society is an inappropriate use of shareholders' money as it does not generate any revenue directly. He emphasizes following the […]