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Author:Buchholz, R. A.
Title:Corporate responsibility and the good society: from economics to ecology
Journal:Business Horizons
1991 : JUL-AUG, VOL. 34:4, p. 19-31
Index terms:CORPORATE RESPONSIBILITY
SOCIAL VALUES
ECONOMICS
ECOLOGY
SOCIETY
Language:eng
Abstract:New theories and rationales have been developed for the notion that a corporation has responsibilities to society that go beyond economic duties. While various definitions of social responsibility have been advocated, there are five key elements in these definitions: (1) corporations have responsibilities that go beyond the production of goods and services at a profit; (2) these responsibilities involve helping to solve important social problems; (3) corporations have a broader constituency than stockholders alone; (4) they have impacts that go beyond simple marketplace transactions; and (5) corporations serve a wider range of human values than the sole focus on economic values.
SCIMA record nr: 100304
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