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In chapter 3, the concept of CSR is introduced. As explained in the chapter, there are ongoing debates on the responsibility of firms. Two representative

In chapter 3, the concept of CSR is introduced. As explained in the chapter, there are ongoing debates on the "responsibility" of firms.Two representative views on CSR are briefly explained on our chapter slide p.12 - please check this out!

Also, for more information, please check out below (video links):

  • Milton Friedman - Greed An excerpt from an interview with Phil Donahue in 1979 (http://www.youtube.com/watch?v=RWsx1X8PV_A)
  • Michael Porter: Why business can be good at solving social problems (http://www.ted.com/talks/michael_porter_why_business_can_be_good_at_solving_social_problems.html)

Discussion question: What do you think? Who do you agree with? (M. Friedman's idea? OR M. Porter's?) And, how would you define CSR?

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