Is it the job of corporations to be socially responsible , or, does the social responsibility of a company consist of maximizing shareowner wealth ? Will initiatives such as shareholder sustainability, “green” technology and strategic alliances with stakeholders increasingly affect business decision-making ? What are some attributes of a “good corporation?’ Can a company’s commitment to cause increase its profits ?

Is it the job of corporations to be socially responsible , or, does the social responsibility of a company consist of maximizing shareowner wealth ? Will initiatives such as shareholder sustainability, “green” technology and strategic alliances with stakeholders increasingly affect business decision-making ? What are some attributes of a “good corporation?’ Can a company’s commitment to cause increase its profits ?

 

Solution

The basic idea of any business entity is to increase profit ,improve wealth of the shareholders. The goals

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