Analytic Ethical Practice: Corporate Behavior
Several researchers disagree with Drucker’s visualization on business ethics. Analyzing article Character Formation …show more content…
Today, corporate still tailor the classic structure of social responsibility (Friedman, 1970). Social responsibility reported by Cohen (2009) facilitate as the new “in thing”. Depending on an individual origin, social responsibility approach can be interpreted multiple ways (Dahlsrud, 2008). The various meanings can cause confusion establish by Dahlsrud (2008) due to bias acquisition numerous channels. Instead of corporate social responsibility (CSR), Dahlsrud (2008) visualize as social construction (SC) because of infinite analogues.
In order to associate with the word social responsibility, individuals must understand the meaning. Social responsibility concept excludes employers’ interest, yet, it proven to increase the interest that works best for the organization (Friedman, 1970) due to the fact that stockholders are vulnerable to risk.
Distinguishing the classic theory and properties of fads explained by Miller, Hartwick, and Brenton-Miller (2004) makes it easier for managers to associate unethical movements. Classic theory deals with approaches and practices that will last for years (Miller, Hartwick, and Brenton-Miller, 2004). Properties of fads according to Miller et al. (2004) makes it simpler for managers to exit or …show more content…
The controversial issue, Friedman case emphasize that businesses does not have responsibilities, in regards to, individuals who proctor over the company. In addition, Friedman (1970) address the concern of managers’ responsibilities away from the businesses like his home, his church, his mind, and other social activities. Moreover, his theory refers to mangers as agents; therefore, managers has to act in accordance to the owners’ specification (Friedman, 1970). The sole propriety of the manager is to make a profit while spending someone else’s’ revenue. This know theory is call the “free society” (Friedman, 1970). The research defines free society where an individual cannot impose evil due to the fact that the evil will benefit towards another individual good.
On the other hand, Cohen (2009) viewed that leader obligations were invested within the company plus the performance of the business. The article emphasize that individuals cannot tackle another task until the current social objective is completed (Cohen, 2009). Amongst all aspect, Cohen (2009) exert that subordinates are responsible for task accomplish and not accomplish by the