No.

We can expect companies to do other than exist to make profit.

There is no religion and no moral philosophy with Milton Friedman’s dicta that corporations exist only to maximize profit anymore than we exist to maximize our bank account or our stock portfolio.

We can expect companies to act morally, to act against monetary self interest and, yes, to give up competitiveness to do what is right.

I do believe in business ethics.

James Pilant

The issue of business ethics has been a much discussed issue in the business world, and the term “socially responsable” has been very much a prize that many firms seek to achieve under the expectation that it will increase sales, though most cases showed that they do not necessarily lead to this result. In my opinion its pointless and it should not be a company’s goal to be socially responsible. Its not that I want companies to run rampant and di … Read More

via Abqur