Should corporations be socially responsible???
I think, Yes! They should be. Within the last 50 years, corporations have risen to such a height that today, whatever we do, see, eat are determine by these corporations. They have become an inseparable part of our life. Therefore, applying the theory of role specialisation of Friedman, I think today’s’ corporation are more powerful than the government and they are in the perfect position or role to bring about a change of betterment to this world. However, i also believe that with the corporations, we as a customer, workers, managers, suppliers, distributors, society as a whole have full responsibility towards making the world a better place to live. Hope it helps!
In the US (and EU, Japan, and other areas as well) many, many corporations are socially responsible. * Ronald McDonald House (many fast food franchises have similar…Chick-Fill-A “WinShape”) * Virtually all Pharmaceutical Companies have access to their own personal charities that give financial aid to those who need their medicines. * Home Depot and Lowes give to communities for building shelters for the poor. The list goes on and on. These companies do these things as a part of good business practice in improving their image in the community. The message to parents is (In the case of McDonalds): These people really care about children; therefore it’s a place I want to take my family to eat. There is an enormous amount of corporate spending devoted to this. Schools get textbooks, communities get playgrounds, poor get shelter and other relief. It’s good business and many, many corporations practice it.
In the US (and EU, Japan, and other areas as well) many, many corporations are NOT socially responsible! McDonald and all Pharmaceutical Companiesgivemoney to their own personal charities (Nice Tax Right off!) The person above says they give financial aid to those who need their medicines. Try telling that to the people who are dying of AIDS because of the monopolly of such things!!!! THE ABOVE ANSWER IS NOTHING BUT MINDLESS RETORIC! They take far more than they give! THEY MUST BE MADE TO TAKE ACCOUNT OF THE DAMAGE THET DO.
