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Corporate Social Responsibility

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The concept of corporate social responsibility suggests that firms should consider not only their profitability but the obligations that they owe to their stakeholders. Who are the stakeholders of a firm, and how can a firm balance its obligations to stakeholders and the expectation that it will be as profitable as possible?

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The concept of corporate social responsibility suggests that firms should consider not only their profitability but the obligations that they owe to their stakeholders. Who are the stakeholders of a firm, and how can a firm balance its obligations to stakeholders and the expectation that it will be as profitable as possible?

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The stakeholders are the employees, stockholders, customers and everyone who is affected in any way by the company and its operations. A firm can balance its ...

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