What social responsibilities do corporations have? Is it true, as Milton Friedman argues, that the only responsibility of a corporation is to make a profit for its shareholders?
Social Responsibilities in Corporations Discussion What social responsibilities do corporations have? Is it true, as Milton Friedman argues, that the only responsibility of a corporation is to make a profit for its shareholders? If so, how does the corporation fit into the larger moral structure of society? If it is false, how does a corporation exercise its social responsibilities while still fulfilling its obligations to its shareholders? In particular, consider how these questions of social responsibility shed light on the actions of the executives at Enron. In answering this question, please make reference to at least two sources from the class reading, in addition to any other citations you make consider relevant. Be sure to have a strong thesis, defended with supporting arguments, based on the readings and other evidence. Required Readings Religious Perspectives on Business Ethics, 111-132 Religious Perspectives on Business Ethics, 179-198 Good Business, 30-60 Good Business, 231-259 The Almighty and the Dollar, 146-169 Recommended Readings Chris MacDonald, “Harvard Students Take Ethics Pledge” The MBA Oath
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