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What is Friedman vs. CSR: Business Ethics Debate about?

Milton Friedman argues that the primary responsibility of a business is to maximize profits for shareholders, suggesting that corporate social responsibility (CSR) is unnecessary and even unethical. He believes that CSR undermines the democratic process and that managers lack the expertise to address social issues effectively. However, counterarguments highlight changing consumer expectations, long-term sustainability, and the importance of stakeholder relationships, indicating that CSR is increasingly reco

Author

tanangwamonalisa

Language

EN