'Social profit orientation' can help companies and nonprofits alike do more good in the world

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Economist Milton Friedman's influential maxim, that a company's sole obligation is to maximize profits, is outdated. Many companies have voluntarily integrated social concerns into their business operations through corporate social responsibility, or CSR, policies for years.

'Social profit orientation' can help companies and nonprofits alike do more good in the world retrieved 4 September 2024 from https://phys.org/news/2024-09-social-profit-companies-nonprofits-alike.html

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