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One of the most heated debates among business scholars has been a corporation's duties. Late Nobel Prize-winning economist Milton Friedman famously advocated that a corporation's
One of the most heated debates among business scholars has been a corporation's duties. Late Nobel Prize-winning economist Milton Friedman famously advocated that a corporation's primary responsibility is to maximize profits for its shareholders as long as it stays within the rules. Other scholars have espoused that a corporation's duties extend beyond maximizing shareholders' profit. For some debate background, read Friedman's New York Times Magazine essay concerning corporate social responsibility.
Discussion Board Instructions
Part 1: Join the Debate
- Paragraph 1: Link to two articles about corporate social responsibility look for articles supporting or critiquing Friedman's view or articles that seem to offer unique thoughts on the subject.
- Paragraphs 2-4: Next, write an at least three-paragraph summary of your thoughts about Friedman's view and the article authors' comments that you just read. Reference the articles to support your summary (you do not need to cite articles according to APA format for this discussion).
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