Theories of Social Responsibility
        Theories of Social Responsibility
  Four Theories for Social Responsibility: 
  1.Maximizing Profits
  2.Moral Minimum
  3.Stakeholder Interest
  4.Corporate Citizenship
    Theories of Social Responsibility
    Theories of Social Responsibility
  Maximizing         Moral 
  Maximizing         Moral 
    Profits         Minimum
    Profits         Minimum
  Corporate        Stakeholder 
  Corporate        Stakeholder 
  Citizenship       Interest
  Citizenship       Interest
          1. Maximizing Profits
  A theory of social responsibility that says a 
   A theory of social responsibility that says a 
   corporation has a duty to take actions that 
   corporation has a duty to take actions that 
   maximize profits for shareholders.
   maximize profits for shareholders.
  The interests of other stakeholder are not 
   The interests of other stakeholder are not 
   important.
   important.
             2. Moral Minimum
  A theory of social responsibility that says a 
    A theory of social responsibility that says a 
    corporation’s duty is to make a profit while 
    corporation’s duty is to make a profit while 
    avoiding harm to others.
  As long as business avoids or corrects the 
    As long as business avoids or corrects the 
    social injury, it has met its duty of social 
    social injury, it has met its duty of social 
    responsibility.
    responsibility.
   Moral Minimum (continued)
                       (continued)
   Moral Minimum 
   The legislative ةيعييرشلتييا)) and judicial branches of 
                      ةيعييرشلتييا)) 
     The legislative         and judicial branches of 
     government have established laws that 
     government have established laws that 
     enforce the moral minimum of social 
     enforce the moral minimum of social 
     responsibility on corporations.
     responsibility on corporations.
       e.g., Occupational safety laws.
       e.g., Occupational safety laws.
       e.g., Consumer protection laws for product 
       e.g., Consumer protection laws for product 
       safety.
       safety.