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.
Corporate Social Responsibility in Islamic Economies – the Case of Sudan
Ahmed Elhassab Omer Elhassab and Abdelmageed Mohammed Yahya (Dilling University)
Human rights and positive corporate duties: The importance of corporate state interaction
Business Ethics: A European Review
Human rights and assigned duties: Implications for corporations
Human Rights Review