Socially responsible investing

The Friedman Doctrine Taking a share holder approach to social responsibility, Milton Friedman views shareholders as the economic engine of the organization and the only group a firm must be socially responsible to. For the risk taken by investing in the firm, Friedman says the goal of the firm is to maximize profits and return portions of those profits to shareholders. Because a firms’ only concern is to increase profits for themselves and shareholder, they have not social responsibility to the

Corporate Social Responsibility (CSR) encourages companies to take interest of all stakeholders into consideration during their decision-making process and not make their choices based solely upon the interest of their shareholders. By bring socially responsible, the company would make choices that protect social welfare which can have an impact on the buying decisions of the customers and building a reputation for the company as to whether the company is trustworthy or ethical. Employee As mentioned

Why do Chief Executive Officers (CEO) worry so much about a stakeholder, whom they are not directly responsible for at all? Businesses are trying to please everyone, though they are already responsible to employees, Board of Directors, and company shareholders. CEOs are trying to appease interest groups and other outside stakeholders when considering the company’s business deals. Some organizations have been successful with corporate social responsibility (CSR), while others have failed. To what

Employees are a large part of what make up organizations and they play a vital role within the stakeholders of a company. In order for an company to conceive socially responsible goals, they must focus within their organizations structure and make sure their stakeholders needs are attained, specifically the employees working for them. Companies wouldn 't exist without employees who work and interact with their products, customers and suppliers on a day to day basis. David Chandler and William B

Introduction Did you know the pedestal the Statue of Liberty sits on is the result of crowdfunding? Joseph Pulitzer utilized his paper the “New York World” to raise $100,000 in five months (Davies, 2014). This application serves as an early example of the power of crowdfunding 100 years before the advent of the Internet. Businesspeople and citizens rallied to a civic cause so a gift from the French government could find a home. Pulitzer used a single collection point to raise money from an enormous

explosion and oil spill that threatens a socially irresponsible environmental catastrophe and a major corporal social responsibility setback for BP off the coast of Louisiana in the Gulf of Mexico. The colossal oil spill threatens numerous tourist beaches, wildlife sanctuaries and fishing grounds across four states in the United States. “BP Plc has spent up to US$125 million annually on its corporate social responsibility CSR campaign to enhance its socially responsible image in its transition from British

The article “Corporate Social Responsibility and Access to Finance” was written by Cheng et al. (2014) in order to show that firms that have better CSR performance are less capital constrained. The aim of the essay is to argue that the analysis of the relationship between CSR policies and the access to finance is a well done research with interesting arguments and analysis; however, it has several limitations, which will be examined. The aim will be achieved through a critical analysis of the paper

2012). Most businesses aim at discharging their economic and legal responsibilities. It is because for a business to continue as going concern, the business have to obey the law and be profitable. However, being ethically and philanthropically responsible can also affect the businesses apart from economic and legal factors. The responsibilities of multinational corporations (MNCs), instead of small or medium size corporations, will be the main focus of this paper. It is assumed that the MNCs currently

Man is a social animal so he cannot live alone. Society does its best to provide the individual with all the comforts amenities and facilities of life. So it is duty to do service for others. Nowadays more and more organizations are engaging in positive way often referred to as corporate social responsibility. It is important to doing a social service all organizations. CSR aims to embrace responsibility for to reassure a positive effect on the environment and stakeholders containing consumers,

Today’s culture is pushing companies to be more socially responsible on all levels. Companies who fail to adapt risk becoming overshadowed by competitors that do so. According to the text, "...companies displaying a 'clear commitment to ethical conduct ' consistently outperform companies that do not display ethical conduct..." (Strategic Management, 312). It is therefore important for companies to meet the standards of customers who choose to shop with a ‘filter’. As such, it is important to investigate