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Corporate Social Responsibility
Social Responsibility and the Corporation
Social responsibility is a major subject of concern and action for all but the smallest or least aware of companies. Today it is generally accepted that business firms have social responsibilities that extend well beyond what in the past was commonly referred to simply as the "business economic function." In earlier times managers, in most cases, had only to concern themselves with the economic results of their decisions. Today managers must also consider and weigh the legal, ethical, moral, and social impact and repercussions of each of their decisions. In many company organizations, however, this area of social responsibility is often not identified as a major or separate functional area. Quite often the responsibility for actions in this area is vested in an individual or small staff, frequently within the human resources management area. . .
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