The Social Responsibility of Business

via Acton
April 30th, 2015

What is a company’s corporate social responsibility? Businesses enhance the common good in a number of ways: providing good employment, producing needed goods and services, and creating wealth. “Their potential to do this is so great, in fact, that the prosperity of a modern society can be directly correlated with the presence in the society of this corporate structure,” writes Robert Kennedy. But do companies have a duty to the communities in which they operate that goes beyond the scope of the normal business of the company?