Corporate Social Responsibility: Boon or Boondoggle?
September 28, 2010
Professors Tom Lyon and Aneel Karnani take divergent views when it comes to the concept of corporate social responsibility (CSR). Karnani, associate professor of strategy, says the idea that companies have a responsibility to act in the public interest — and will profit from doing so — is fundamentally flawed. Firms only can be expected to embrace CSR when the market naturally marries profits to social interests, or when government regulation forces such a union.
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