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Should Corporations Be Socially Responsible or Just Solely Profit Driven?

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Should Corporations Be Socially Responsible or Just Solely Profit Driven?
Issue: Should corporations be socially responsible or just solely profit driven?

Bibliography
Ayn Rand. “the anti-industrial revolution” from the new left: The Anti0Industrial Revolution, Penguin Group New Zealand, Limited, 1996, 127-151

Joel bakan. “The Corporate rise to dominance” from The Corporation: The Pathological Pursuit of Profit and Power, Simon & Schuster, 2005, 5-27

John Steinbeck. “ The Grapes of Wrath: Chapter 5 “from The Grapes of Wrath, Josef Weinberger Plays, 2008, 32-41

Milton Friedman. “The Social Responsibility of business is to increase its profits” from business ethics: A Philosophical reader, Thomas I.White, ed(s)., Maxwell Macmillan Canada, 1993, 162-167

Edward Broughton,(2005, may 10) Environmental Health Retrieved on February 2nd 2011 http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1142333/ William Fray. jose A. Cruz-Cruz. A short history of the corporation. Connections. Retrieved on February 2nd 2011 http://cnx.org/content/m17314/latest/ Madhurjya Bhattacharyya(2010, june 6) Companies going green retrieved on February 1st, 2011 http://www.buzzle.com/articles/companies-going-green.html Harry Glasbeek (July 2003) The invisible friend: investors are irresponsible. Corporations are amoral. Harry Glasbeek puts two and two together - The Legal Fiction retrieved February 4th, 2011 http://findarticles.com/p/articles/mi_m0JQP/is_358/ai_105767345/ Issue: Should corporations be socially responsible or just solely profit driven?

The existence of corporations can be traced as far back as the late sixteenth century where they first emerged as joint stock companies, unlike the then dominant form of partnership business which required relatively small group of men, bonded together by personal liabilities and mutual trust, pooled their resources to set up businesses they ran as well as owned.( Joel Baker page 6).

The corporation was able to pool in more capital by allowing the public buy shares in the



Bibliography: Ayn Rand. “the anti-industrial revolution” from the new left: The Anti0Industrial Revolution, Penguin Group New Zealand, Limited, 1996, 127-151 Joel bakan John Steinbeck. “ The Grapes of Wrath: Chapter 5 “from The Grapes of Wrath, Josef Weinberger Plays, 2008, 32-41 Milton Friedman Edward Broughton,(2005, may 10) Environmental Health Retrieved on February 2nd 2011 http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1142333/  Madhurjya Bhattacharyya(2010, june 6) Companies going green retrieved on February 1st, 2011 http://www.buzzle.com/articles/companies-going-green.html that of the Bhopal disaster which happened in India, known as the world’s worst industrial catastrophe, it happened on December 3rd, 1984 after more than 40 tons of methyl isocyanate gas

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