Shareholders and Social Responsibility

Abstract

corporation, investor, Judeo/Christian ethics, Kantianism, management, shareholder, social responsibility, stakeholder, utilitarianism, virtue ethics,

Which proportion of SR investments is enough? A survey-based approach

“…From a business ethics perspective, one can argue that being the owners, the shareholders of a company are indeed in charge of the social responsibility of the firm (Schaefer 2008). Following this argument, one can attribute the social responsibility of a company rather to its shareholders than to its bondholders.…”

The Influence of Personality Traits and Demographic Factors on Social Entrepreneurship Start Up Intentions

“…The 'invisible hand' of free markets is assumed to be able to produce an efficient outcome and absolves the responsibility of the entrepreneur from addressing social outcomes (Friedman, 2004in Schaefer, 2008. In a less than perfect reality, the public good problem is not efficiently addressed by a single firm and often left to governments for resolution.…”

“…The rationale of mechanistic individuals devoid of morals, emotions and practical reasoning is a fallacy. As such, a purely economic view would exclude emphasis on subjective, intangible non-financial (for example social and environmental) and moral outcomes of social responsibility (Schaefer, 2008).…”

‘I Only Look Forward to Mondays’. Facilitating Creative Writing Groups: Ageism, Action and Empowerment

“…Milton Friedman writes, "the social responsibility of business is to increase its profits" (1970, p. 1), and the starkness of this statement has brought criticism from more progressive economists, who include stakeholders in their rationale (for example, Schaefer, 2008). However, this may be interpreted as a gentler statement of the fact that most shareholders buy shares that are expected to reap the greatest rewards.…”