The modern corporation and social responsibility /

By:

Manne, Henry G

Contributor(s):

Wallich, Henry Christopher

Material type: Text

TextSeries: Rational Debate SeriesPublication details: Washington, D.C. : American Enterprise Institute for Public Policy Research, c1972.Description: 106 pSubject(s):

Social responsibility of business

DDC classification:

658.4'08 MAN

LOC classification:

HD60.5.U5 M35

Summary: This book examines the subject of corporations’ social responsibility to the immediate environment it operates. According to the book, the business enterprise is a production machine with a profit orientation, to be certain, but this machine operates in a particular environment which shapes not only constraints on the enterprise, but its objectives as well. Executives are not mechanical robots immune from the social milieu in which they have grown up. Their utility functions as well as the constraints which face them are given a social definition. Conventional economics ignores the implications of a sociological input into micro-theory They authors suggest that diversification of shareholdings by many corporate owners requires that firms engage in programs which do not pay from their point of view, but which benefit their industry or the corporate system at large.

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Holdings
Item type	Current library	Collection	Call number	Copy number	Status	Date due	Barcode
Monograph & others	CBN HQ Library General Stacks	Non-fiction	658.4'08 MAN (Browse shelf(Opens below))	c.1	Available		31008100137112
Monograph & others	CBN HQ Library General Stacks	Non-fiction	658.4'08 MAN (Browse shelf(Opens below))	c.2	Available		31008100137120

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Previous	658.4'08 JUC A pocket guide to stakeholders’ engagement /	658.4'08 JUC A pocket guide to stakeholders’ engagement /	658.4'08 MAN The modern corporation and social responsibility /	658.4'08 MAN The modern corporation and social responsibility /	658.4'08 MON Environmental policy and technological innovation :	658.4'08 MON Environmental policy and technological innovation :	658.4'08 PID Stakeholder engagement and strategies /	Next

Third in the sixth series of Rational Debates sponsored by the American Enterprise Institute held at American Enterprise Institute Washington, D.C.

Bibliographical references indicated in "notes".

This book examines the subject of corporations’ social responsibility to the immediate environment it operates. According to the book, the business enterprise is a production machine with a profit orientation, to be certain, but this machine operates in a particular environment which shapes not only constraints on the enterprise, but its objectives as well. Executives are not mechanical robots immune from the social milieu in which they have grown up. Their utility functions as well as the constraints which face them are given a social definition. Conventional economics ignores the implications of a sociological input into micro-theory

They authors suggest that diversification of shareholdings by many corporate owners requires that firms engage in programs which do not pay from their point of view, but which benefit their industry or the corporate system at large.

lje 17/01/2018

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