Friedman Model Of Csr Ppt. Milton friedman s 1970 new york times magazine article the social responsibility of business is to increase its profits has shaped business education and. A businessmen has no other social responsibility to perform except to serve his shareholders stockholders.
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Milton friedman s controversial new york times magazine editorial the social responsibility of business is to increase its profits 1970 is an appropriate starting point for a discussion on the responsibilities of businesses towards society. A businessmen has no other social responsibility to performexcept to serve his shareholders stockholders. Friedman goes on to state that true corporate social responsibility contrary to the wishes of stockholders is a tax.
The view that maximizing profits without constraint is a manager s only responsibility is friedman s policy conclusion but not his model.
Friedman model 1962 73 a businessmen should perform his duty well he is performing a social as well as a moral duty. Friedman model 1962 73 a businessmen should perform his duty well he is performing a social as well as a moral duty. Friedman model 1962 73 a businessmen should perform his duty well he isperforming a social as well as a moral duty. Stockholders stakeholders model.
