TY  - RPRT
U1  - Arbeitspapier
A1  - Suchanek, Andreas
T1  - Is Profit Maximization the Social Responsibility of Business?"" Milton Friedman and Business Ethics"
N2  - In 1970, Milton Friedman defined his now famous viewpoint that “the social responsibility of business is to increase its profits”. This position is still prominent and can be seen as a strong criticizm of most of the currently held views on Corporate Social Responsibility. In this paper, I argue that Friedman’s view has a point, but is, none the less, one-sided. Inappropriate forms of pursuing profits can become a threat to the foundations of a free society to the same degree as inappropriate moral demands for corporate social responsibility
which were – rightly – criticized by Friedman.
T3  - HHL-Arbeitspapier / HHL Working paper - 69 
Y1  - 2005
U6  - https://nbn-resolving.org/urn:nbn:de:101:1-200910061875
UN  - https://nbn-resolving.org/urn:nbn:de:101:1-200910061875
N1  - HHL Working Paper 69. Leipzig: HHL – Leipzig Graduate School of Management, 2005
ER  -