Economics and Finance

    

Is it Possible for Corporate Leaders to go Beyond Friedman's Doctrine?

Authors: Victor Christianto, Florentin Smarandache

The authors develop a model of business ethics that is more actual, especially in responding tovarious problems facing humanity today, including climate change. That this is also connected with not only environmental responsibilities but also the social responsibilities of large, medium and small business owners, seems quite clear. The only problem is that many of us seem to be bewitched by the doctrine known as the Friedman's doctrine, proposed by Milton Friedman in the 1970s, which essentially states that the onlysocial responsibility of a company is to make a profit.

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[v1] 2024-01-06 22:32:54

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