Siddhant- A Journal of Decision Making
  • Year: 2008
  • Volume: 8
  • Issue: 1

Corporate Social Responsibility: Answer to the debate between Maximizing Profits and Maximizing Ethics & Profits

  • Author:
  • Sibasis Satapathy, Mousumi Panda
  • Total Page Count: 8
  • Published Online: Jan 1, 2008
  • Page Number: 85 to 92

*Post-graduate Student, Deptt. of Business Administration, Regional College of Management, Chandrasekharpur, Bhubanesxoar-751023

**Sr. Lecturer, Regional College of Management, Chandrasekharpur, Bhubanesxoar-751023

Abstract

This paper focusses on the better clarity of Corporate Social Responsibility from the industry's point of view as day-by-day the continuous interaction between the company and its expanded stakeholders (both direct and indirect) are increasing. It redefines the role of CSR by making a comparative study between the theories given by Milton Friedman and Patrick Primeaux considering the ethical domain.