Though corporate social responsibility (CSR) is on the agenda of most major corporations, corporate executives still largely support the view that corporations should maximize the returns to their owners. There are two lines of defence for this position. One is the Friedmanian view that maximizing owner returns is the social responsibility of corporations. The other is a position voiced by many executives, that CSR and profits go together. This article argues that the first position is ethically untenable, while the latter is not supported by empirical evidence. The implication is that there may be good reason for firms to deviate from a maxim of profit maximization.
Gender, regulation, and corporate social responsibility in the extractive sector: The case of Equinor’s social investments in Tanzania
Siri Lange,Victoria Wyndham
Women's Studies: International Forum
Doing global investments the Nordic way. The 'business case' for Equinor’s support to union work among its employees in Tanzania
Focaal: Journal of Global and Historical Anthropology