publication . Article . 2010

The Concept and Development Tendencies of Corporate Social Responsibility

Krisztina Szegedi;
Open Access
  • Published: 01 Jan 2010
Abstract
The expression Corporate Social Responsibility was first used in the United States of America in the 1960s. This triggered a nationwide debate about the responsibilities corporations have towards societies. The most criticized statement belongs to Milton Friedman, a Nobel prize winner, who said, "The social responsibility of business is to increase its profits."[1] This means that there is only one responsibility of business, namely to use its resources and to become engaged in activities in order to target increases in profits. The past few decades have brought about a lot of changes. According to a survey published recently, which encompassed over 100 countrie...
26 references, page 1 of 2

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26 references, page 1 of 2
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