The Law and the Doctrine of Social Responsibility
The suggestion that businessmen should assume certain broad social responsibilities raises the important question whether businessmen are legally entitled to shape their policies in terms of broad social objectives as distinct from the narrower interests of stockholder-owners. The legal problem is n...
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| creator | Bowen, Howard R |
| description | The suggestion that businessmen should assume certain broad social responsibilities raises the important question whether businessmen are legally entitled to shape their policies in terms of broad social objectives as distinct from the narrower interests of stockholder-owners. The legal problem is not difficult for unincorporated businesses or even for the incorporated businesses in which ownership and management are closely identified; but it becomes acute in the typical larger corporations owned by thousands of absentee stockholders who have little knowledge of or voice in the management of their enterprises. In conventional legal theory, the directors of such corporations are trustees for |
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| identifier | ISBN: 1609381963 |
| ispartof | Social Responsibilities of the Businessman, 2013, p.125 |
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| language | eng |
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| source | eBooks on EBSCOhost |
| subjects | Accountancy Administrative law Applied philosophy Asset management Assets Behavioral sciences Business Business revenue Business structures Charitable giving Commercial regulation Communities Corporate assets Corporate power Corporate profits Corporate regulation Corporations Donations Economic disciplines Economic regulation Economics Finance Financial accounting Financial economics Financial gifts Financial investments Financial management Human societies Investors Law Philosophy Political power Political science Politics Profits Shareholders Social groups Social philosophy Social responsibility Sociology |
| title | The Law and the Doctrine of Social Responsibility |
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