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- Milton Friedman, economist

There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engage in open and free competition, without deception or fraud.

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- Milton Friedman, economist

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  1. There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engage in open and free competition, without deception or fraud. - Milton Friedman, economist

  2. Corporate Social Responsibility • Right or obligation? • Clause 135, Company Bill 2012 • Corporate governance: • Competitive advantage • Public image • Economic benefits • Culture • Morality

  3. The social responsibility of business encompasses the economic, legal, ethical and discretionary expectations that a society has of organizations at a given point in time. - Archie B. Carroll, CSR theorist

  4. Carroll’s CSR Pyramid

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