CORPORATE RESPONSIBILITY

Corporate responsibility

Corporate responsibility

Let us examine "narrow' outlook of business responsibility. It aims to verify that enterprises have no communal responsibilities other than to maximize its profits of its shareholders. Here we see flexibility characterised in contractual connections that exist inside "rules of game". The rules of game simply "rule out" deception, force, and fraud within contractual obligations. Therefore in the sense, the business has two responsibilities: to obey elementary canons of (face-to-face) civility, in addition to seeking material gain. (Richley, 2007)

We must also recognize when rules of game and profit maximization goal have been undermined, which also ...