The Role of the Modern Corporation in a Free SocietyDeals with one of the most critical business issues of the century, the question of corporate responsibility. The author reconstructs and critically evaluates the arguments for the maximisation of profits, versus those to be found in the broader context of increased social responsibility. |
Contents
Classical Liberalism | 27 |
Natural Rights and Social Contracts | 42 |
Friedman | 75 |
Copyright | |
21 other sections not shown
Common terms and phrases
accepted alternative analysis argue assume assumptions attempt behavior Business and Society Business Creed Business Ethics capitalism chapter citizens claim Classical ideology Classical Liberalism competition constitute constraints contract arguments contract theory corporate responsibility corporate social responsibility decisions democratic descriptive determine developed discussion ethical egoism example firm free market freedom Friedman groups harm principle human idea ideal identified important individual industry initial situation interests interpreted involved issues Keynesian labor laissez-faire large corporations legitimacy liberty managerial discretion Managerialists maximize profit Micro-Managerial modern corporation morally defensible morally legitimate multinational natural rights normative obligation outcome Pareto optimal philosophers pluralistic pluralistic society Premise prescriptive pluralism problems procedural justice production profit maximization psychological hedonism question regulation relevant requires Revisionist Liberalism role rule utilitarianism self-interest social responsibility stakeholder stockholders Theory of Justice thesis of managerial tradition University Press values welfare well-being York