Frieman vs Caroll

 Frieman vs . Caroll Dissertation

Universität Siegen

SEminarpaper on subject


„Should Firms Rise above Profits? Friedman vs Carroll"

Themensteller: Prof. Dr . Andreas Dutzi

Withanage Eshari Samanthika

Name, Vorname: Shahkhanim Chernina

Matrikel-Nr.: 927057

E-Mail: shahkhanim. [email protected] uni-siegen. de

Ort, Datum: Siegen, 16. '07. 2014



2The main notion of CSR2

installment payments on your 1History of CSR2

2 . 2Types of CSR4

3Profitability of CSR6

3. 1Friedman's Approach7

3. 2Carroll's Method of CSR9

three or more. 3Determining elements for CSR12




List of Figures Physique 1 Carroll's Pyramide. twelve

1 Intro

Relevance on this subject is the fact modern life frequently dictates new rules in the game. Today the future of the companies in many respects if perhaps not generally is identified by quality of corporate governance which can be considered as one of effective ways of increase of investment benefit of the companies and, as a result, improvement of expenditure climate in the area. What it is required to understand as corporate governance? Whether means it system of the necessary rules regulating the associations in ball of actions of the corporations, or company governance indicates imperious and administrative activity of individuals, including representatives of top administration and shareholders? And if the concepts " corporate governance" and " management of corporation" are equivalent? Not enough uniform way of understanding of corporate and business governance people is the result of dynamism from the specified world. In the last a few years among politicians and a business environment the concept " corporate interpersonal responsibility" (is actively employed further — CSR), builds up business community of CSR strategy, creates departments of realization of the last, inside the countries of Europe available the whole scientific research acadamies on learning of this sensation. But , inspite of it, in the academic environment still you cannot find any uniform realizing that there is a corporate social responsibility, what it is sources as well as who governs the associations arising regarding the the new ball of the individual relations. And what CSR is? 2 The main notion of CSR

Just before in information considering CSR, in the beginning we all will establish what does it indicates. Corporate cultural responsibility (CSR, also called company responsibility, liable business and company social opportunities) - may be the concept in respect to which the organizations consider interests of society, conferring on itself responsibility for influence of their activity on customers, suppliers, workers, investors, local residential areas and other interested parties with the public world. This obligation is beyond the obligation structured on the law to observe the legislation and assumes the fact that organizations non-reflex take added measures for improvement of quality of life of workers and their families, and also local community and society in general. 1 installment payments on your 1 Good CSR

The definition of CSR records the origins back in the 50th years of the XX century when the American scientist H. Bowen initially mentioned this kind of perspective in the book " Sociable Responsibility with the Businessman", having noted want of addition of a volume of social challenges to the ball of responsibility of business. Further intensive economic advancement the countries, growth of effect of organization as a whole, significantly increased fascination to a question of responsibility of organization, its place and a role in social and economic life of society. Within a broad feeling is a great influence of business upon society. The organizations which in turn operate in neuro-scientific corporate cultural responsibility, determine this concept in a different way. At the beginning of the formation as interpersonal responsibility comprehended only insurance plan of relationship with workers, timely payment of a wage, payment of...

References: 1 . Baker, M. (23 Might 2008): " Arguments against Corporate Interpersonal Responsibility” Organization Respect journal. (abgerufen 20. summer. 2014)


3. Bowen, H. L. (1999): " CSR: Advancement of a Definitional Construct” Organization & World, Vol. 35: p. 268-295


a few. Carroll, A. (1991): " The Pyramid of CSR: Toward the moral management of organizational stakeholders” Business Horizons, Vol. 34, Concern 4: g. 39 – 48


7. CSR Programs: Investing in local neighborhoods to solve global challenges. (abgerufen 18. 06. 2014)


being unfaithful. European Commission rate (25 August 2011): " Communication from the Commission to the European Parliament, the Council, the Western european Economic and Social Panel and the Panel of the Regions” Brussels, 25. 10. 2011 COM(2011) 681 final.

twelve. Frederick A. (26 Apr 2011): " The Five Elements of the very best CSR programs” The Forbes Magazine (abgerufen twenty-two. 06. 2014)


12. Friends in the Earth (28 April 2008): " Uk American Cigarette Report Displays Truth Behind the Greenwash”. (abgerufen 23. 06. 2014)


14. Marquard, B. (6 July 2006): " Theodore Levitt was obviously a Top Advertising Authority by Harvard” The Boston Globe, p. B13


of sixteen. Nalband A. & Kelabi, S. (2014): " Redecorating Carroll's CSR Pyramid Model” Journal of Advanced Managing Science, Vol. 3, And 4: l. 236 - 238


18. Watrick, S. & Cochran, P. (2001): " The Development of the Company Social Efficiency Model” Academy of supervision review, Volume 10. P. 758 – 769


Additional Blood pressure measurements

Brand Strategy (2007): " 10 crucial things to learn about CSR” Birmingham

Bowen, They would. R. (1953): " Cultural Responsibilities of Businessman” New York

Company Social Responsibility:

Mane, H. G. (24 November 2006): " Milton Friedman was Right", The Wsj.

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