SOCIAL RESPONSIBILITY OF CORPORATIONS Cover Image

ДРУШТВЕНА ОДГОВОРНОСТ КОРПОРАЦИЈА
SOCIAL RESPONSIBILITY OF CORPORATIONS

Author(s): Jovan Babić
Subject(s): Business Economy / Management, Evaluation research
Published by: Српско социолошко друштво
Keywords: corporate social responsibility; stockholders; profit; management; stakeholders; capitalism;

Summary/Abstract: The issue at stake in the article is corporate social responsibility. There are two rival theories regarding this issue. According to the classical theory managers are responsible to owners (stockholders) and their obligation is to pursue the goal of maximizing the profit. According to the other, stakeholder theory, the interests of all corporate stakeholders, all those affected by business, not only stockholders, must be taken in consideration. In the paper these two theories are subject of thorough ethical analysis.

  • Issue Year: 41/2007
  • Issue No: 4
  • Page Range: 445-471
  • Page Count: 27
  • Language: Serbian