Fast forward, I know that maybe some of that is true but the picture is much more realistic to me. The corporate social responsibility, Shareholder vs Stakeholder theories was interesting to me as it views different ways of reasoning what is right in a decision-making situation (Smith, 2003). I am in agreement with the economist Milton Friedman as he argued a belief …show more content…
Stakeholders include the employees, like myself, the customers, which would be our children and the parents, and the communities of our district (Saylor Foundation, n.d.).
Christine
References
Friedman, M. (1970). The social responsibility of business is to increase its profits. Retrieved from Colorado Education: https://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html
Gellerman, S. (1986). Why "good" managers make bad ethical choices. Retrieved from Harvard Business Review: https://hbr.org/1986/07/why-good-managers-make-bad-ethical-choices
Hood, J. (1998). Do corporations have social responsibilities? Retrieved from Free Enterprise: https://fee.org/articles/do-corporations-have-social-responsibilities/#0
Saylor Foundation. (n.d.). Exploring Business, chapter 2. Retrieved from University of Maryland University College: https://learn.umuc.edu/content/enforced/267601-001154-01-2182-OL1-6383/Exploring%20Business%20-%20Chapter%202%20(1).pdf?_&d2lSessionVal=gHjSp9wXbX6c3U9u6hExSifUl
Smith, J. (2003). The shareholders vs stakeholders debate. Retrieved from MIT Sloan: