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The concept of the social responsibility of business has roots in the Puritan doctrine of stewardship as well as the nineteenth-century gospel of wealth, but business leaders only began to consider community welfare as a whole in the context of their corporate aspirations of the latter half of the twentieth century. Originally appearing in 1970, The Social Responsibilities of Business surveys the history of corporate actions in pursuit of social responsibility, and attempts to assess likely developments. Reissued in 1988 by Transaction with a new introduction by the author and now available in paperback, the volume provides Morrel Heald the opportunity to evaluate his earlier predictions and...
The concept of the social responsibility of business has roots in the Puritan doctrine of stewardship as well as the nineteenth-century "gospel of wealth," but business leaders only began to consider community welfare as a whole in the context of their corporate aspirations of the latter half of the twentieth century. Originally appearing in 1970, The Social Responsibilities of Business surveys the history of corporate actions in pursuit of social responsibility, and attempts to assess likely developments. Reissued in 1988 by Transaction with a new introduction by the author and now available in paperback, the volume provides Morrell Heald the opportunity to evaluate his earlier predictions ...
Written over a thirty-year period, the essays included in this volume develop one central theme: the completion of American isolationism in the formative years of the nation. Isolationism, in Kaplan's view, is not to be taken as economic or cultural independence but as abstention from political or military obligations to Europe, from alliances or from purposeful entanglement in the European balance of power. This study focuses on the assertion that Thomas Jefferson was central to the making of American foreign policy from the Revolution to 1803. But Kaplan's view is not always supportive of Jefferson. In fact, Kaplan believes the collection has a "Hamiltonian flavor," although he does not necessarily consider himself a Hamiltonian either. Kaplan is critical of Jefferson and points clearly to the error of his belief that France could be a counterweight to British power. In the short run Hamilton appears more realistic, but in the long run Jefferson's vision for the country proved wiser and sounder.
"We have made a breakthrough from an economy of scarcity to an economy of abundance," Henry Luce noted more than twenty years after founding Fortune magazine. "Can we make the breakthrough from an economy of abundance to an economy of abundant beauty?" Michael Augspurger's attractively illustrated book examines Fortune's surprising role in American struggles over artistic and cultural authority during the Depression and the Second World War. The elegantly designed magazine, launched in the first months of the Depression, was not narrowly concerned with moneymaking and finance. Indeed the magazine displayed a remarkable interest in art, national culture, and the "literature of business." Fort...
Corporate social responsibility was one of the most consequential business trends of the twentieth century. Having spent decades burnishing reputations as both great places to work and generous philanthropists, large corporations suddenly abandoned their commitment to their communities and employees during the 1980s and 1990s, indicated by declining job security, health insurance, and corporate giving. Douglas M. Eichar argues that for most of the twentieth century, the benevolence of large corporations functioned to stave off government regulations and unions, as corporations voluntarily adopted more progressive workplace practices or made philanthropic contributions. Eichar contends that a...
The interaction between a company and its stakeholder environment explains a key part of corporate behavior. This is because the level of social acceptance that the company achieves affects consumer trust, employee commitment, and access to credit or support from suppliers. This book examines these relationships to discover the best way to align corporate behaviour with the interests, values and preferences of stakeholders. It features contributions on topics such as marketing, emerging technologies, women in entrepreneurship, sports and tourism.
What responsibility, if any, does a corporation have to society? How should corporations balance environmental, social, and governance factors? The Profit Motive addresses these questions of corporate purpose using historical, legal, and economic perspectives. Stephen M. Bainbridge enters the debate around corporate social responsibility to mount an unabashed defense of shareholder capitalism and maximizing shareholder value. The book offers context for the current questions about corporate purpose, and provides a reference going forward. Direct and corrective, The Profit Motive argues that shareholder value maximization is not only required by law, but what the law ought to require.
CSR encompasses broad questions about the changing relationship between business, society, and government. An authoritative review of the academic research that has both prompted, and responded to, these issues, the text provides clear thinking and perspectives on CSR and the debates around it.
Henry E. Huntington, nephew and protégé of Southern Pacific Railroad magnate Collis Huntington, decided to invest his fortune in developing interurban railroads serving the Los Angeles Basin, beginning in 1898 and working through 1920. With enough capital to put railroads where he felt they would work best, he exerted considerable influence on the early growth of Southern California. He also invested in a number of other regional industries, and as an avid collector of rare books and art, he and his second wife Arabella created a notable cultural legacy as well.