1 A conservative interpretation and definition of corporate \"social responsibil
ID: 438147 • Letter: 1
Question
1 A conservative interpretation and definition of corporate "social responsibility" would typically reflect the view that:Answer
Corporate social responsibility should be mandated and closely regulated by the Securities and Exchange Commission in the United States.
There is insufficient government regulation in the U.S. in place to deal with corporate socially responsible decision-making.
Social responsibility decisions in business should be decided on Kant's Categorical Imperative since that is the highest ethical principle.
Profit-maximization by lawful means is socially responsible behavior and that market forces will deter corporate socially irresponsible conduct.
Explanation / Answer
Profit-maximization by lawful means is socially responsible behavior and that market forces will deter corporate socially irresponsible conduct.
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