Business

A STUDY OF CORPORATE SOCIAL RESPONSIBILITY IN SMALL AND MEDIUM ENTERPRISES DURING RECESSIONAuthorCollege /UniversityDate CHAPTER ONE : INTRODUCTIONBackground of the StudyCorporate Social ResponsibilitySociety s preoccupation with the cordial responsibility of organizations has existed since at least the early 1930s and plausibly even before this period . Wells (n .d ) notes that it is perhaps the disreputable Dodd-Berle correspondence contained within the Harvard Law Review Issue of 1931-32 that launched the throw off regarding merged favorable responsibility . The said debate started when corporal law prof Adolf A . Berle Jr create an article reproducible line of reasoning for imposition of legal control son oversight so that only their shareholders would benefit from their decisions (Berle , 1931 . E .M . Dodd , anoth er professor from Harvard published an article that addressed the issue introduced by Berle . He argues that managers that out from merely focusing on the interests of the shareholders , the former moldiness to a fault take into consideration the concerns of the employees , consumers and the organization s stakeholders . Berle (1931 ) thence counter-responded by formulation that companies should not abandon emphasis on the view that assembly line corporations exist for the sole social function of making profits for their stockholders until much(prenominal) time as [one is] prepared to provide a drop and reasonably enforceable scheme of responsibilities to person else (Berle , 1932. 1365Because the corporate social responsibility concept and debate is grow from the legal association , several academic disciplines have followed the abovementioned argument , with little discussion occurring between and among them (Radin , 1999 . More...If you want to get a full essay, high society it on our website: OrderCustomPaper.com

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