Comments on: Profits are Corporations’ Social Responsibility http://www.deeshaa.org/2008/02/15/profits-are-corporations-social-responsibility/ Mon, 13 Feb 2012 05:41:09 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Of product and process innovation http://www.deeshaa.org/2008/02/15/profits-are-corporations-social-responsibility/comment-page-1/#comment-129057 Of product and process innovation Thu, 04 Sep 2008 03:31:32 +0000 http://www.deeshaa.org/2008/02/15/profits-are-corporations-social-responsibility/#comment-129057 [...] For more on corporate social responsibility, see “Fake PM’s Speech — Part Yuck“, and “Profits are Corporations’ Social Responsibility“. [...] [...] For more on corporate social responsibility, see “Fake PM’s Speech — Part Yuck“, and “Profits are Corporations’ Social Responsibility“. [...]

]]> By: pankaj http://www.deeshaa.org/2008/02/15/profits-are-corporations-social-responsibility/comment-page-1/#comment-114636 pankaj Thu, 21 Feb 2008 10:43:35 +0000 http://www.deeshaa.org/2008/02/15/profits-are-corporations-social-responsibility/#comment-114636 The only motive of corporations is profit and nothing wrong in it ,there is nothing wrong in profits as long as they are ethically made.as to their's having social responsiblity that is also profit driven i.e it increases their visiblity creates a good name and most importantly they help in creating future employees and customers for their company by sponsoring through education schemes or colleges. The only motive of corporations is profit and nothing wrong in it ,there is nothing wrong in profits as long as they are ethically made.as to their’s having social responsiblity that is also profit driven i.e it increases their visiblity creates a good name and most importantly they help in creating future employees and customers for their company by sponsoring through education schemes or colleges.

]]> By: Amit http://www.deeshaa.org/2008/02/15/profits-are-corporations-social-responsibility/comment-page-1/#comment-114570 Amit Mon, 18 Feb 2008 01:54:11 +0000 http://www.deeshaa.org/2008/02/15/profits-are-corporations-social-responsibility/#comment-114570 If corporations are given the same rights as human beings even though they are not human beings, I see no harm in holding them responsible for any social ills that happen because of their bad decisions or greed. Corporations can't have their cake and eat it too. Though, IMO, corporate profits and solution of social problems doesn't have to be at odds with each other if long-term thinking is involved instead of short-term greed. If corporations are given the same rights as human beings even though they are not human beings, I see no harm in holding them responsible for any social ills that happen because of their bad decisions or greed. Corporations can’t have their cake and eat it too.

Though, IMO, corporate profits and solution of social problems doesn’t have to be at odds with each other if long-term thinking is involved instead of short-term greed.

]]> By: tarang_72 http://www.deeshaa.org/2008/02/15/profits-are-corporations-social-responsibility/comment-page-1/#comment-114569 tarang_72 Mon, 18 Feb 2008 00:45:34 +0000 http://www.deeshaa.org/2008/02/15/profits-are-corporations-social-responsibility/#comment-114569 I am not sure whether that is correct. Take example of Oil companies, they are making handsom profits; so as per this logic; they are doing fine. But in reality, everyone agrees that they are not. They actually discouraged development of US public transport systems so as to make money; did not invest into green technologies even when they were aware of impact of current energy solutions on environment. Same can be said for insurance /pharma companies in US. They are all making money, but everyone in the society feels that those companies are not fulfiling their responsibilities. I think when profit is ultimate motive; companies also get into the business of defining what is legal by their political contributions. I dont know how that can be curbed. I am not sure whether that is correct. Take example of Oil companies, they are making handsom profits; so as per this logic; they are doing fine. But in reality, everyone agrees that they are not. They actually discouraged development of US public transport systems so as to make money; did not invest into green technologies even when they were aware of impact of current energy solutions on environment. Same can be said for insurance /pharma companies in US. They are all making money, but everyone in the society feels that those companies are not fulfiling their responsibilities.

I think when profit is ultimate motive; companies also get into the business of defining what is legal by their political contributions. I dont know how that can be curbed.

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