000 01789cam a2200253 4500
008 730221t1972 dcu er 000 0 eng
040 _aDLC
_cDLC
050 0 0 _aHD60.5.U5
_bM35
082 0 0 _a658.4'08
_bMAN
100 1 _aManne, Henry G.
245 1 4 _aThe modern corporation and social responsibility /
260 _aWashington, D.C. :
_bAmerican Enterprise Institute for Public Policy Research,
_cc1972.
300 _a106 p. ;
440 _aRational Debate Series ;
500 _aThird in the sixth series of Rational Debates sponsored by the American Enterprise Institute held at American Enterprise Institute Washington, D.C.
504 _aBibliographical references indicated in "notes".
520 _aThis 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.
590 _alje 17/01/2018
591 _aLoans
650 0 _aSocial responsibility of business.
700 1 _aWallich, Henry Christopher.
942 _2ddc
_cBOOK
949 _a658.4'08 MAN
999 _c7163
_d7163